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CBB Government Development Bond Issue No.26 oversubscribed by 145%

August 4, 2021
islamic finance

The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 145%.

Subscriptions worth BD 218.180 million were received for the BD 150 million issue, which carries a maturity of 3 years.

The fixed annual coupon rate on the issue, which begins on 5th August 2021 and matures on 5th August 2024, is 3.20%.

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.26 (ISIN BH0002WY4B77).