Bahrain Issues 200 Million Dinars in Development Bonds

The Central Bank of Bahrain, acting on behalf of the Government of Bahrain, launched the Government Development Bond issue 47 with a total value of 200 million Bahraini dinars. The bonds carry a par value of one dinar each and are open for subscription to both Bahraini and non-Bahraini investors through registered brokers at the Bahrain Bourse.

These securities provide a seven percent annual fixed return paid bi-annually and are scheduled to mature on July 19, 2028. The subscription window opened on July 14, with a minimum requirement of 500 bonds per subscriber.

Following the primary offering period, the bonds are expected to be listed for secondary market trading on the Bahrain Bourse starting August 2.