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6

Issue 24 - JUNE 2020

www.bahrainbourse.com

COMMENCEMENT OF SUBSCRIPTION IN THE 20TH ISSUE OF THE

GOVERNMENT DEVELOPMENT BOND THROUGH BAHRAIN BOURSE

BAHRAIN BOURSE AND BIBF HOLD THE MONTHLY INVESTMENTS

AND SAVING SEMINAR REMOTELY

B a h r a i n B o u r s e ( BHB )

announced that as of Sunday, 26

th

of April 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 20

(BHD 300 million) that has been

issued by the CBB on behalf of

the Government of Bahrain by

In line with Bahrain Bourse’s

efforts to continue offering its

investment awareness programs

during the current pandemic,

Bahrain Bourse (BHB) in

collaboration with the Bahrain

Institute of Banking and

Finance (BIBF) held its first

r emo t e I nv e s tme n t s and

Saving Seminar on 21st April 2020

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 17th of May 2020.

Bahrain Bourse specified that the

subscription period through the

registered brokers is effective on

Sunday the 26th of April 2020

starting from 10.00 AM until

Wednesday 29th of April 2020.

with the electronic participation

of more than 30 attendees.

The seminar, which is being

conducted on a monthly basis, is

currently being offered for three

levels in order to address the

different needs and expectations

of different categories: beginners,

ntermediate, and advanced.

Participants will receive a certificate

The subscription will be open on

S u n d a y u n t i l Tu e s d a y

from 10:00 AM until 1:00

PM a nd on We dn e s d a y

from 10:00 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 300 million Bond issued

at a par value of BHD 1 each on

after completing all three levels.

The seminar for the beginners’

level covers various topics including

the concepts of saving and

investment, key investment

principles, types of investment

strategies and product classes,

and an introduction to Bahrain

Bourse and Bahrain Clear. For

the intermediate level, the topics

cover the processes of various

investment products, accounting

for an investment portfolio,

behavioral biases related to

investment, and frauds related

to investment securities. As for

the advanced level, the seminar

covers capital market trading

the 3

rd

of May 2020 for a period

of 3 years maturing on the 3

rd

of

May 2023. The annual fixed return

on these securities is 6.00%, and

will be paid bi-annually on 3

rd

of

November and 3

rd

of May every year

throughout the period of this issue.

The Central Bank of Bahrain

i s s u e d t h e Go v e r nme n t

Development Bond on behalf of

the Government of Bahrain. The

Government of Bahrain directly

guarantees the Bond securities.

in stocks and bonds, and

how to analyze investment

p o r t f o l i o p e r f o r m a n c e .

The 2-hours seminar is free of

charge and registration is open

for the public in which the next

seminar will be held on Saturday,

30th May 2020 for the Beginners’

Level. Interested participants may

register for the upcoming seminar

by filling out their contact details

on the Investment Academy

Website

bahrainbourse.bibf.com

or by accessing the following

link:

https://bibf.com/bahrain-

bourse/investments-saving/