The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 305%.
Subscriptions worth BD 564.595 million were received for the BD 185 million issue, which carries a maturity of 3 years.
The fixed annual coupon rate on the issue, which begins on November 10 and matures on November 10, 2027, is 5.50%.
The Government Development Bonds are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is Government Development Bond issue No.37 (ISIN BH000134V094).
