Manama: The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 203%. Subscriptions worth BD 507.802 million were received for the BD 250 million issue, which carries a maturity of 3 years.
According to Bahrain News Agency, the fixed annual coupon rate on the issue, which begins on May 29 and matures on May 29, 2028, is 6.125%. 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.40, identified by ISIN BH00010U5465.