CBB Government Development Bond Issue No.36 oversubscribed by 280%

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

Search

POPULAR nEWS

Temperatures to Ease Through Friday After Days of Intense Heat

Amman: Temperatures are forecast to decline gradually through the end of the week, returning to seasonal averages by Friday, while very hot conditions continue to affect the Jordan Valley, the Dead Sea, and Aqaba, according to the Jordan Meteorologica…