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Issue 13 - SEPTEMBER 2017
www.bahrainbourse.comBAHRAIN BOURSE LISTS BD200 MILLION GOVERNMENT
DEVELOPMENT BOND – 14
TH
ISSUE
BAHRAIN BOURSE LISTS 10 TREASURY BILL ISSUES AND SHORT-TERM
ISLAMIC LEASAE (IJARA) SUKUK WORTH BD 542 MILLION
Bahrain Bourse announced on
Thursday, 20
th
July 2017 the list-
ing of the Government Develop-
ment Bond – Issue No. 14 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 GDEV14.
Bahrain Bourse (BHB) announced
on Wednesday, 30
th
August 2017
the listing of 10 issues in the Trea-
sury Bills Market worth a total
of BD542 million, issued by the
Central Bank of Bahrain with
BND as of Sunday, 23
rd
July 2017.
The BD200 million Bonds is-
sued at a par value of BD1 each
on 16
th
July 2017 for a period of
5 years ending on 16
th
July 2022.
The annual fixed return on these
securities is 5.35%, and will be
paid every six months on 16
th
January and 16
th
July every year
throughout the period of this issue.
As of Sunday, 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 or-
ders in accordance to the price
priority then time priority, with
a minimum of BD 400 per trans-
action in the primary market.
Following the listing of this is-
sue, the number of conven-
tional bonds and sukuk issues
listed on BHB reached 13 is-
sues with an approximate to-
tal value of US$ 6.084 billion.
discount rates ranging between
2.16% and 2.52% 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 21 issues with
a total value of BD1.35 billion.
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.