BHBNewsLetter Dec2017

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Issue 15 - MARCH 2018
BAHRAIN BOURSE LISTS BD200 MILLION GOVERNMENT
DEVELOPMENT BOND – 15TH ISSUE
BAHRAIN BOURSE LISTS BD100 MILLION GOVERNMENT ISLAMIC
LEASE (IJARAH) SECURITIES (SUKUK) – ISSUE NO. 25
Bahrain Bourse announced on
Tuesday, 9th January 2018 the listing
of the Government Development
Bond – Issue No. 15 that has been
issued by the CBB on behalf of the
Government of Bahrain through
registered brokers at Bahrain
Bourse. The bond will be traded
under the symbol GDEV15.BND
Bahrain Bourse announced on
Monday, 15th January 2018 the
listing of the Government Islamic
Lease (Ijarah) Securities (Sukuk)
– Issue No. 25 that has been
issued by the CBB on behalf of the
Government of Bahrain through
registered brokers at Bahrain
Bourse. The sukuk will be traded
as of Wednesday, 10th January 2018.
The BD200 million Bonds issued
at a par value of BD1 each on 27 th
December 2017 for a period of 5
years ending on 27th June 2023.
The annual fixed return on these
securities is 5.50%, and will be
paid every six months on 27th June
and 27th December every year
throughout the period of this issue.
As of Wednesday, investors 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,
with a minimum of BD 400 per
transaction in the main market.
Following the listing of this
issue, the number of conven-
tional bonds and sukuk is-
sues listed on BHB reached
13 issues with an approximate
total value of US$ 6.151 billion.
under the symbol GILS25.SUK
as of Monday 15 th January 2018.
The BD100 million sukuk issued at
a par value of BD1 each on the 8 th
of January 2018 for a period of 3
years ending on the 8th of January
2021. The annual fixed return on
these securities is 4.8%, and will
be paid every six months on 8th
July and 8th January every year
throughout the period of this issue.
As of Monday 15th January 2018,
investors will be able to sell and
buy the sukuk by placing their
orders through the brokers who
will feed them into the trading
system. The system will au-
tomatically match the orders
in accordance to the price
priority then time priority,
with a minimum of BD 400 per
transaction in the main market.