MANAMA: An issue of five-year government development bond has received subscription to the tune of 159 per cent, the Central Bank of Bahrain (CBB) announced yesterday.
Subscriptions worth BD237.739 million were received for the BD150m issue, which carries a maturity of five years.
The fixed annual coupon rate on the issue, which begins tomorrow (17th June 2021) and matures on June 17, 2026, is 3.6pc. The bonds are issued by the CBB on behalf of the government.
This is government development bond issue No. 25 (ISIN BH000PD93J79).
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