Bond Bahrein 0% ( BH0002646G90 ) in BHD
Issuer | Bahrein |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 27/08/2020 - Bond has expired |
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Minimal amount | 10 000 BHD |
Total amount | 100 000 000 BHD |
Detailed description |
Bahrain is an archipelago of islands in the Persian Gulf, a sovereign state with a diverse economy based on oil, finance, and tourism. An analysis of the sovereign bond issued by the Kingdom of Bahrain, identified by ISIN BH0002646G90, details a debt instrument that reached its maturity on August 27, 2020, and has since been fully repaid. This bond, issued from Bahrain in its national currency, the Bahraini Dinar (BHD), commanded a total issuance size of BHD 100,000,000, with investors able to subscribe in minimum increments of BHD 10,000. Notably, the instrument featured a 0% stated interest rate, strongly suggesting its structure as a zero-coupon bond, where the investor's return was realized through the acquisition of the bond at a discount to its face value and subsequent repayment at par upon maturity, which is reflected by its current status indicating a 100% market price. The single payment frequency likely refers to this final principal repayment, confirming the complete fulfillment of the Kingdom of Bahrain's obligation as the issuer. |