Manama, April 11 (BNA): The Central Bank of Bahrain announced that the 3-year Government Development Bond issuance was oversubscribed by 291%.
Subscriptions amounting to BD 291.470 million were received for the BD 100 million issuance, which has a maturity of 3 years.
The annual fixed coupon rate for the issue, which begins April 13 and matures April 13, 2026, is 6.00%.
Government Development Bonds are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.
This is Government Development Bond Issue No. 31 (ISIN BH000I75L602).
HF