Manama, Jun. 11 (BNA): The Central Bank of Bahrain (CBB) announced that the issue of the 5-year Government Development Bond has been oversubscribed by 178%.
Subscriptions worth BD 266.857 million were received for the BD 150 million issue, which carries a maturity of 5 years.
The fixed annual coupon rate on the issue, which begins on June 17 and matures on June 17, 2031, is 6.700%.
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.46 (ISIN BH000L925202).
H.K, S.H.A