Following the listing of latest BD185 million Government Development Bond issue, the number of conventional bonds and sukuk issues listed on the Bahrain Bourse (BHB) reached nine with an approximate total value of $ 3.01 billion.
Bahrain Bourse (BHB) lists 7-year BD185 million Government Development Bond issue. The bond was issued on 8th November 2012 by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.
The face value of the bond is Bahraini Dinar 1 each that will mature in 7 years, starting from 8 November 2012 until 8 November 2019. The bond pays a fixed annual interest rate of 4.3% payable every six months on 8th May and 8th November during the issuance period. The minimum amount of investment in the bond is BD10000 or multiples thereof.