The Bourse specified that the subscription period through the registered brokers is effective on Sunday the 14th of July 2019 until Wednesday 17th of July 2019. The subscription will be open on Sunday until Tuesday from 9:30 AM until 1:00 PM and on Wednesday from 9:30 AM until 10:30 AM.
The BHD 300 million Bond issued at a par value of BHD 1 each on the 21st of July 2019 for a period of 3 years ending on the 21st of July 2022. The annual fixed return on these securities is 4.20%, and will be paid every six months on 21st of January and 21st of July every year throughout the period of this issue.
The Central Bank of Bahrain issued the Government Development Bond on behalf of the Government of Bahrain. The Government of Bahrain directly guarantees the Bond securities.