THE Central Bank of Bahrain (CBB) has announced that its latest issue of the 3-year Government Development Bond (issue number 45) was oversubscribed by 210 per cent.
The issue, which sought to raise BD200 million, attracted subscriptions totalling BD419.597m.
The bonds carry a fixed annual coupon rate of 6.250pc. The issue period begins on May 5, 2026, and the bonds are set to mature on May 5, 2029.
These Government Development Bonds are issued by the CBB on behalf of the government.