The Central Bank of Bahrain (CBB) announced that the issue of the two-year Government Development Bond has been oversubscribed by 284 per cent.
Subscriptions worth BD568.397 million were received for the BD200m issue, which carries a maturity of two years.
The fixed annual coupon rate on the issue, which begins on Sunday and matures on July 19, 2028, is 7pc.
The bonds are issued by the CBB on behalf of the government.
This is Government Development Bond issue No 47 (ISIN BH00081I4823).
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