Commencement of subscription announced in the 25th Issue of the Government Development Bond through Bahrain Bourse

SourceBizbahrain
SectorEconomy
CountryBahrain

Bahrain Bourse (BHB) announced that as of Thursday, 10 of June 2021, 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 25 (BHD 150 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 on BHB, which is expected to be on the 1 of July 2021. Bahrain Bourse specified that the subscription period through the registered brokers is effective on Thursday, 10 of June 2021 starting from 9:30 AM until Tuesday, 15 of June 2021.

The subscription will be open on Thursday until Monday from 9:30 AM until 1:00 PM and on Tuesday from 9:30 AM until 10:15 AM. Minimum subscription size is...read more...