Bahrain Bourse (BHB) announced that as of Wednesday, 12th of March 2025, 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 38 (BHD 200 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 31st March 2025.
Bahrain Bourse specified that the subscription period through the registered brokers is effective on Wednesday, 12th March 2025 until Thursday, 13th March 2025. The subscription will be open on Wednesday from 10:00 am until 1:00 pm and on Thursday from 10:00 am until 11:00 am. The minimum subscription size is 500 bond per subscriber.
The BHD 200 million Bond issued at a par value of BHD 1 each on the 17th of March 2025 for a period of 2 years maturing on the 17th of March 2027. The annual fixed return on these securities is 5.625%, and will be paid bi-annually on 17th of March and 17th of September 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.