The Central Bank of Bahrain (CBB) announced that the issue of the 5.5 year Government Development Bonds has been subscribed by 100%.

Government Development Bonds issue 15 fully subscribed
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Manama, Dec. 25 (BNA): The Central Bank of Bahrain (CBB) announced that the issue of the 5.5 year Government Development Bonds has been subscribed by 100%.

Subscriptions worth BD 200 million were received for the BD 200 million issue, which carries a maturity of 5.5 years.

The expected interest rate on the issue, which begins on 27 December 2017 and matures on 27 June 2023, is 5.50%.

The Government Development Bonds are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is Government Development Bond issue No.15 (BH00063E4993).