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Politics and Policy

Government

Central Bank of Bahrain

06/15/2021 | Press release | Distributed by Public on 06/15/2021 03:50

CBB Government Development Bond Issue No.25 Oversubscribed (June 15th, 2021)

Published on 15 June 2021

Media CenterPress Release Treasury Bills

Manama, Bahrain - 15^th June 2021 - The Central Bank of Bahrain (CBB) announces that the issue of the 5-year Government Development Bond has been oversubscribed by 159%.

Subscriptions worth BD 237.739 million were received for the BD 150 million issue, which carries a maturity of 5 years.

The fixed annual coupon rate on the issue, which begins on 17^th June 2021 and matures on 17^th June 2026, is 3.60%.

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.25 (ISIN BH000PD93J79).

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