BHBNewsLetter Sep2018

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Issue 17 - SEPTEMBER 2018
BAHRAIN BOURSE LISTS BD150 MILLION GOVERNMENT
DEVELOPMENT BOND – 17 TH ISSUE
Bahrain Bourse announced on
Tuesday, 7th August 2018 the listing
of the Government Development
Bond – Issue No. 17 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 GDEV17.BND
as of Wednesday, 8 th August 2018.
The BD150 million Bonds issued
at a par value of BD1 each on
5th August 2018 for a period of 3
years ending on 5th August 2021.
The annual fixed return on these
securities is 6.55%, and will be
paid every six months on 5 th Feb-
ruary and 5th August every year
throughout the period of this issue.
As of Wednesday, 8th August 2018,
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.
Following the listing of this
issue, the number of conventional
bonds and sukuk issues listed
on BHB reached 15 issues
with an approximate total
value of US$ 7.344 billion.
BAHRAIN BOURSE LISTS 6 TREASURY BILL ISSUES WORTH BD385
MILLION
Bahrain Bourse (BHB) announced
on Sunday, 2nd of September 2018
the listing of 6 issues in the Treasury
Bills Market worth a total of
BD385 million, issued by the
Central Bank of Bahrain with
discount rates ranging between
3.94% and 4.19% for 3-6 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 23 issues with a
total value of BD1.374 billion.