BHBNewsLetter Sept 2016

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Bahrain Bourse | P.O. Box: 3203 Manama - Kingdom of Bahrain | Phone: +973 17261260 | Fax: +973 17256362
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PERIODICAL PUBLICATION ISSUED BY BAHRAIN BOURSE ISSUE 9 SEPTEMBER 2016
BHB LISTS BD300 MILLION GOVERNMENT DEVELOPMENT BOND – 12TH ISSUE
BAHRAIN BOURSE LAUNCHES ITS NEW WEBSITE
Bahrain Bourse announced on
Thursday, 28th July 2016 the list-
ing of the Government Develop-
ment Bond – Issue No. 12 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
GDEV12.BND as of Sun-
day, 31st July 2016.
The BD300 million bond issued at
Bahrain Bourse (BHB) announced
on Sunday, 3rd July 2016 the
launch of its new website
The
new website encompasses various
a par value of BD1 each on 21 st July
2016 for a period of 3 years ending
on 21st July 2019. The returns on
these securities will be paid every
six months on 21st January and
21st July every year throughout the
period of this issue. The fixed an-
nual rate of return will be 4.45%.
As of today, investors will be able
to sell and buy the bonds by plac-
ing their orders through the bro-
kers who will feed them into the
trading system. The system will
automatically match the orders
in accordance to the price pri-
ority then time priority, with a
minimum of BD 400 per trans-
action in the primary market.
Following the listing of this issue,
the number of conventional bonds
and sukuk issues listed on BHB
reached 13 issues with an approxi-
mate total value of US$ 5.5 billion.
IN THIS ISSUE
improvements and enhancements
in terms of design and content
that can help users and improves
their browsing mechanism by
making it more interactive and
facilitates the searching process
on static pages or pages con-
taining dynamic statistical data.