Bond Bahrein 0% ( BH0005132U88 ) in BHD
Issuer | Bahrein |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 21/04/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 100 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. The Kingdom of Bahrain, a sovereign state located in the Arabian Gulf, issued a financial instrument identified by the ISIN code BH0005132U88, categorized as a bond. As an active participant in global financial markets and a key player within the Gulf Cooperation Council (GCC), Bahrain frequently leverages sovereign debt to manage its fiscal requirements and fund its economic development initiatives. The nation's economy, while historically reliant on hydrocarbon resources, is undergoing strategic diversification efforts to bolster its non-oil sectors and consolidate its standing as a regional financial hub. This specific bond, denominated in Bahraini Dinars (BHD), represented a total issuance size of BHD 100,000,000, with a minimum purchase threshold of BHD 100. A distinctive feature of this instrument was its stated interest rate of 0%, characteristic of a discount bond or a short-term treasury bill designed to be repaid at par upon maturity, implying that any return to investors was embedded in its initial purchase price, with a single payment expected at redemption. The bond reached its scheduled maturity date on April 21, 2022. It has been confirmed that this obligation, which traded at 100% of its par value prior to its redemption, has been fully and successfully repaid by the issuer. |