Bond Bahrein 0% ( BH0006182693 ) in BHD
Issuer | Bahrein |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 29/09/2021 - 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 | 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. A detailed analysis of the BH0006182693 bond reveals the operational mechanics of sovereign debt instruments issued by the Kingdom of Bahrain, a proactive participant in international capital markets. As a key financial hub in the Middle East, Bahrain frequently leverages bond issuances to manage its public finances, fund strategic initiatives, and enhance its economic resilience, with its capacity as a sovereign issuer underpinned by a diversified economy that includes a prominent financial services sector alongside its traditional energy resources. Identified by its ISIN BH0006182693, this particular bond, a direct obligation of the Bahraini government, was denominated in Bahraini Dinars (BHD), the national currency. A distinctive feature of this instrument was its zero-coupon structure, indicated by an interest rate of 0%, which means investors derived their return from the bond being issued at a discount to its par value and subsequently redeemed at 100% of its face value upon maturity. The total size of this specific issuance amounted to 70,000,000 BHD, representing a significant capital raise, while the minimum purchase size was set at 100 BHD, catering to a range of investors. This bond successfully reached its scheduled maturity date on September 29, 2021, and was fully repaid at its par value, as reflected by its reported market price of 100% at the time of its retirement. The specified payment frequency of '1' aligns with the single principal repayment at maturity inherent in a zero-coupon instrument. The successful and timely repayment of this bond underscores the Kingdom of Bahrain's adherence to its financial commitments, reinforcing investor confidence in its fiscal management and its standing within the global financial architecture. |