BHD 250 Million Government Development Bond opens subscription

TDT | Manama

Email: mail@newsofbahrain.com

Bahrain Bourse (BHB) announced that as of today, and according to the invitation announced by the Central Bank of Bahrain (CBB), Bahraini and Non-Bahraini investors can directly subscribe through the primary market of BHB in the Government Development Bond Issue 39 (BHD 250 million) that has been issued by the CBB on behalf of the Government of Bahrain by executing their orders through registered brokers at Bahrain Bourse. Thereafter, investors will be able to trade the Bond on the secondary market at BHB once listed, which is expected to be on 13th May 2025.

Bahrain Bourse specified that the subscription through the registered brokers will be on Thursday, 24th April 2025 from 9:30 am – 11:00 am. The minimum subscription size is 500 bond per subscriber.

The BHD 250 million Bond issued at a par value of BHD 1 each on the 29th of April 2025 for a period of 2 years maturing on the 29th of April 2027. The annual fixed return on these securities is 5.75%, and will be paid bi-annually on 29th of April and 29th of October every year throughout the period of this issue.