Manama, The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 280%. Subscriptions worth BD 419.294 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 August 5 and matures on August 5, 2027, is 5.875%. 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.36 (ISIN BH000X4976W9). Source: Bahrain News Agency
Mild Weather Conditions Anticipated Across the Kingdom
Amman:Mild weather conditions are expected to prevail across most parts of the Kingdom on Friday. The Badia, Jordan Valley, the Dead Sea, and Aqaba will experience relatively moderate conditions, with some high-altitude clouds appearing in the sky. Wi…