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Government bond listed at bourse.

MANAMA: Bahrain Bourse yesterday listed the BD185 million government development bond issue.

The bond was issued on November 8, 2012, by the Central Bank of Bahrain on behalf of the Bahrain government.

The face value of the bond is BD1 each which will mature in seven years, starting from November 8, 2012 until November 8 2019.

The bond pays a fixed annual interest rate of 4.3 per cent payable every six months on May 8 and November 8 during the issuance period.

The minimum amount of investment in the bond is BD10,000 or multiples thereof.

Following the listing of this issue, the number of conventional bonds and sukuk issues listed on Bahrain Bourse reached nine issues with an approximate total value of $3.01 billion.

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Publication:Gulf Daily News (Manama, Bahrain)
Geographic Code:7BAHR
Date:Jan 29, 2013
Words:142
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