Bahraini and Non-Bahraini investors can directly subscribe through the primary market of BHB in the Government Development Bond issue 21

Bahraini and Non-Bahraini investors can directly subscribe through the primary market of BHB in the Government Development Bond issue 21

Bahrain Bourse (BHB) announced that as of Thursday, 23rd of July 2020, 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 21 (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 9th of August 2020.



Bahrain Bourse specified that the subscription period through the registered brokers is effective on Thursday, 23rd of July 2020 until Tuesday 28th of July 2020. 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 11:00 AM. Minimum subscription size is 500 bond per subscriber. Allocation will be on the basis of the first 10,000 of bonds for each subscriber and the remaining quantity will be allocated on a pro-rata basis.



The BHD 150 million Bond issued at a par value of BHD 1 each on the 30th of July