Bahrain Bourse Lists BD 100 million Government Development Sukuk

Sunday, June 09, 2013 

Bahrain Bourse (BHB) lists as of Monday, 10th June 2013 the 20th BD100 million Government Development Sukuk issue. The Sukuk were issued on 13th May 2013 by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain. 

The face value of the Sukuk is Bahraini Dinar 1 each that will mature in 2 years on 13 May 2013. The issue pays an expected annual yield rate of 1.45% payable every six months on 13th November and 13th May of each year during the issuance period. The minimum amount of participation in the Sukuk is BD10 thousand or multiples thereof. 

Following the listing of this issue, the number of conventional bonds and sukuk issues listed on BHB reached 9 issues with an approximate total value of US$ 3.085 billion. 

© Press Release 2013