Commencement of subscription in 32nd Issue of Government Development Bond through Bahrain Bourse

Manama, April 26 /BNA/: The Bahrain Bourse announced that, as of Thursday, corresponding to April 27, 2023, and in accordance with the invitation announced by the Central Bank of Bahrain, Bahraini and non-Bahraini investors can subscribe directly. Through the primary market of the Bahrain Bourse in the Government Development Bond Issue 32 (200 million Bahraini Dinars) issued by the Central Bank of Bahrain on behalf of the Government of Bahrain by executing their orders through brokers registered on the Bahrain Bourse. After that, investors will be able to trade the bond on the secondary market on the Bahrain Bourse once it is listed, which is expected to be on May 10, 2023.


The Bahrain Bourse specified that the subscription period through registered brokers takes effect on Thursday, April 27, 2023, and the subscription will be open from 9:30 to 11:00 am. The minimum subscription size is 500 bonds per subscriber. The allocation will be made on the basis of the first 10,000 bonds per subscriber and the remaining amount will be allocated on a pro-rata basis.


BD 200 million bonds with a face value of BD 1 each were issued on May 3, 2023 for a period of two years, maturing on May 3rd, 2025. The annual fixed yield on these securities is 5.875%, and they will be paid twice. – On May 3 and November 3 of each year throughout the period of this issue.

The Central Bank of Bahrain issued Government Development Bonds on behalf of the Government of Bahrain. The government of Bahrain directly guarantees the securities of the bonds.

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