BHB opens direct subscription for BHD 200 million government bond

TDT | Manama

Email: mail@newsofbahrain.com

Bahrain Bourse (BHB) announced that, starting today, Bahraini and non-Bahraini investors can directly subscribe to the Government Development Bond Issue 38 (BHD 200 million) through the primary market. This follows an invitation issued by the Central Bank of Bahrain (CBB). Investors can place their orders through registered brokers at BHB.

Once listed, the bond will be available for trading on the secondary market at Bahrain Bourse, with the listing expected on 31st March 2025.

BHB specified that the subscription period through registered brokers will be open from 12th March 2025 to 13th March 2025. Subscription timings are from 10:00 am to 1:00 pm on Wednesday and from 10:00 am to 11:00 am on Thursday. The minimum subscription size is 500 bonds per investor.

The BHD 200 million bond, issued at a par value of BHD 1 per bond, will be issued on 17th March 2025 for a two-year term, maturing on 17th March 2027. It offers an annual fixed return of 5.625%, paid biannually on 17th March and 17th September throughout the bond’s tenure.

Issued by the Central Bank of Bahrain on behalf of the Government of Bahrain, the bond is fully guaranteed by the government.