Subscriptions worth BD255m were received for the BD55m issue, which carries a maturity of two years.
The expected interest rate on the issue, which begins on 12 November 2009 and matures on 12 November 2011, is 2.75%.
The Government Development Bonds are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.1 (BH000A1APHZ3) of the Government Development Bond.
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Central Bank of Bahrain Government Development Bond issue No.1 oversubscribed
- Bahrain: Tuesday, November 10 - 2009 at 14:26
- PRESS RELEASE
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The Central Bank of Bahrain (CBB) announced that the issue of the two- year Government Development Bonds has been oversubscribed by 463.6%.
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Posted by Siba Sami AmmariTuesday, November 10 - 2009 at 14:26 UAE local time (GMT+4)
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Notes and Media Contacts »
Media contact:
External Communications Unit
Central Bank of Bahrain (CBB)
Tel: +973 17547357/17547360
Fax: +973 17535904
External Communications Unit
Central Bank of Bahrain (CBB)
Tel: +973 17547357/17547360
Fax: +973 17535904
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