Bond Bahrein 0% ( BH0002785H58 ) in BHD
Issuer | Bahrein |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/01/2020 - Bond has expired |
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Minimal amount | 10 000 BHD |
Total amount | 70 000 000 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. This financial report details a specific sovereign bond, identified by ISIN BH0002785H58, which was issued by the Kingdom of Bahrain, a significant financial hub in the Persian Gulf renowned for its proactive efforts in economic diversification beyond its traditional hydrocarbon sector, fostering a robust banking and financial services industry; this particular Bahraini Dinar (BHD) denominated debt instrument, originally issued for a total size of BHD 70,000,000 with a minimum purchase threshold of BHD 10,000, was characterized by a zero percent interest rate, signifying its structure as a discount or zero-coupon bond, and, having traded at a market price of 100% prior to its expiration, duly reached its maturity on January 29, 2020, and has since been fully redeemed by the issuer, thereby concluding its lifecycle as a financial asset. |