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6

Issue 16 - JUNE 2018

www.bahrainbourse.com

BAHRAIN BOURSE LISTS 15 TREASURY BILL ISSUES AND SHORT-

TERM ISLAMIC LEASE (IJARAH) SUKUK WORTH BD873 MILLION

Bahrain Bourse (BHB) announced

on Sunday, 15

th

of April 2018 the

listing of 15 issues in the Trea-

sury Bills Market worth a total

of BD873 million, issued by the

Central Bank of Bahrain with

discount rates ranging between

3.13% and 3.61% for 3-12 months.

With the listing of those issues,

the total number of Treasury Bills

and Short-Term Islamic Lease

(Ijarah) Sukuk listed at Bahrain

Bourse became 20 issues with a

total value of BD1.364 billion.

BAHRAIN BOURSE LISTS BD300 MILLION GOVERNMENT

DEVELOPMENT BOND – 16

TH

ISSUE

Bahrain Bourse announced on

Thursday, 10

th

May 2018 the list-

ing of the Government Develop-

ment Bond – Issue No. 16 that

has been issued by the CBB on

behalf of the Government of Bah-

rain through registered brokers at

Bahrain Bourse. The bond will be

traded under the symbol GDEV16.

BND as of Sunday, 13

th

May 2018.

The BD300 million Bonds is-

sued at a par value of BD1 each

on 3

rd

May 2018 for a period of

2 years ending on 3rd May 2020.

The annual fixed return on these

securities is 5.50%, and will be

paid every six months on 3rd No-

vember and 3rd May every year

throughout the period of this issue.

As of Sunday, 13

th

May 2018 in-

vestors will be able to sell and buy

the bonds by placing their orders

through the brokers who will feed

them into the trading system. The

system will automatically match

the orders in accordance to the

price priority then time priority.

Following the listing of this is-

sue, the number of conven-

tional bonds and sukuk issues

listed on BHB reached 15 is-

sues with an approximate to-

tal value of US$ 7.212 billion.