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6

Issue 14 - DECEMBER 2017

www.bahrainbourse.com

BAHRAIN BOURSE ORGANIZES A WORKSHOP FOR THE

ROYAL ACADEMY OF POLICE

WITH A SIZE OF BD 200 MILLION AND A RETURN OF 5.50%

COMMENCEMENT OF SUBSCRIPTION IN THE 15

TH

ISSUE OF THE

GOVERNMENT DEVELOPMENT BONDS

Bahrain Bourse organized in co-

operation with the Royal Academy

of Police the fourth workshop on

the Fundamentals of Investing on

Thursday 5 October 2017, where

100 members from the Ministry

of Interior attended the workshop.

Bahrain Bourse (BHB) announced

that as of today, Thursday 21

st

De-

cember 2017, and according to

the invitation announced by the

Central Bank of Bahrain (CBB),

Bahraini and non-Bahraini inves-

tors can directly subscribe through

the primary market of BHB in the

Government Development Bonds

No. 15 that have been issued by the

CBB on behalf of the Government

The workshop highlighted the

importance of saving and invest-

ment, and discussed the different

investment products available

for investors in the Kingdom of

Bahrain in detail. The workshop

also highlighted the concepts of

risk and return, and educated

the participants on how to build

their investment portfolios, con-

cluding with trading at BHB,

and the stock selection process.

It is worth mentioning that this

is the fourth workshop con-

ducted in cooperation with the

Royal Academy of Police, and

will be followed by other work-

shops for other groups of the

Ministry of Interior members.

of Bahrain by giving their orders

to registered brokers at Bahrain

Bourse. Thereafter, investors will

be able to trade the bonds in the

secondary market at BHB once

listed on BHB, which is expect-

ed to be on 14

th

January 2018.

The Bourse specified that the

subscription period through the

registered brokers is effective

Thursday 21

st

December 2017 un-

til Monday 25

th

of December 2017.

The subscription will be open

on Thursday and Sunday from

9:30am until 1:00pm and on Mon-

day from 9:30am until 11:00am.

The BD200 million Bonds issued

at a par value of BD1 each on

27

th

December 2017 for a period

of 5.5 years ending on 27

th

June

2023. The annual fixed return on

these securities is 5.50%, and will

be paid every six months on 27

th

June and 27

th

December every year

throughout the period of this issue.

The Central Bank of Bahrain issued

the Government Development

Bond on behalf of the Govern-

ment of Bahrain. The Government

of Bahrain directly guarantees the

Development Bonds securities.