CBB Government Development Bond oversubscribed by 319%
- Date: 11-Mar-2021
- Source: Bizbahrain
- Sector:Financial Services
- Country:Bahrain
CBB Government Development Bond oversubscribed by 319%
The Central Bank of Bahrain (CBB) announces that the issue of the 6-year Government Development Bond has been oversubscribed by 319%. Subscriptions worth BD 638.329 million were received for the BD 200 million issue, which carries a maturity of 6 years. The expected interest rate on the issue, which begins on 14th March 2021 and matures [“¦]