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5

Issue 15 - MARCH 2018

www.bahrainbourse.com

BAHRAIN BOURSE ENDORSES THE LAUNCH OF BAHRAIN

FINTECH BAY

Bahrain Bourse announced sign-

ing a Memorandum of Under-

standing (‘MOU’) with Bahrain

FinTech Bay (BFB) on 18th Febru-

ary 2018 to endorse the launch of

Bahrain Fintech Bay (BFB).

CEO of Bahrain Bourse, Shaikh

Khalifa Bin Ebrahim Alkhali-

fa and the Chairman of Bahrain

FinTech Bay Mr. Maissan Jalal Al-

maskati signed the agreement.

As a Supporting Partner, Bahrain

Bourse will work closely with

BFB in support of developing the

FinTech ecosystem in Bahrain,

exploring the latest financial tech-

nologies conducive to the growth

of local and regional capital mar-

kets, and encouraging innovation

in this field. Bahrain Bourse can of-

fer Fintech startups and entrepre-

neurs a unique platform looking

to access capital markets, particu-

larly through the newly launched

Bahrain Investment Market.

The BFB platform and offering is

set to create ideal conditions to at-

tract both local and international

corporate innovation labs and

FinTech start-ups to collaborate

on developing, testing, scaling

and deploying new technologies

in Bahrain and the wider GCC

region.

BAHRAIN BOURSE LISTS 6 TREASURY BILL ISSUES AND SHORT-TERM

ISLAMIC LEASE (IJARAH) SUKUK WORTH BD406 MILLION

Bahrain Bourse (BHB) announced

on Sunday, 4

th

of February 2018

the listing of 6 issues in the Trea-

sury Bills Market worth a total

of BD406 million, issued by the

Central Bank of Bahrain with

discount rates ranging between

3.09% and 3.71% 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 9 issues with a

total value of BD891 million.

The bourse launched the Trea-

sury Bills Market on 31st January

2016 with the aim of enhanc-

ing cash liquidity in local and

foreign banks and institutions

dealing in this market, and pro-

viding investors in BHB with

more investment opportunities.