Government development bonds issue #13 fully subscribed
CBB
Manama - BNA
The Central Bank of Bahrain (CBB) announced that the issue of the 7 ½ year Government development bonds has been fully subscribed by 100%.
Subscriptions worth BD 285 million were received for the BD 285 million issue, which carries a maturity of seven-and-a-half years.
The expected interest rate on the issue, which begins on 10 November 2016 and matures on 10 May 2024, is 5.875%.
The Government Development Bond are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.:13 (BH000422A873) of the Government Development Bond.
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