The Central Bank of Bahrain (CBB) announced its latest two-year government development bond issue was oversubscribed by 312 per cent, reflecting strong investor demand.
The regulator received subscriptions worth BD623.635 million ($1.66 billion) for the BD200 million bond, the CBB said in a statement.
The bond, which matures on March 17, 2027, carries a fixed annual coupon rate of 5.625pc and will begin on March 17, 2025.
The government development bonds are issued by the CBB on behalf of the kingdom.
This is Government Development Bond issue No. 38 (ISIN BH00016A6F00).
&uuid=(email))