Bond Bahrein 0% ( BH0008Z06437 ) in BHD

Issuer	Bahrein
Market price	100 % ⇌
Country	Bahrain
ISIN code	BH0008Z06437 ( in BHD )
Interest rate	0%
Maturity	26/05/2021 - Bond has expired
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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. The Kingdom of Bahrain, an island nation situated in the Arabian Gulf and a key member of the Gulf Cooperation Council (GCC), plays a significant role as a regional financial hub. While its economy has historically been underpinned by its oil and gas sectors, the sovereign entity is actively engaged in initiatives aimed at economic diversification. As a consistent participant in both domestic and international capital markets, Bahrain issues various debt instruments to fund its fiscal requirements and support its national development agenda. An example of such an instrument is a specific sovereign bond, identified by the ISIN code BH0008Z06437. This obligation, denominated in Bahraini Dinars (BHD), represented a total issuance size of BHD 70,000,000, with a minimum investment threshold set at BHD 100 per unit. Issued within Bahrain, the bond carried an indicated interest rate of 0% and a payment frequency of 1, which typically signifies an annual payout, although the 0% rate implies a zero-coupon structure or one where only principal was repaid. The bond reached its scheduled maturity on May 26, 2021, and it has since been confirmed as fully repaid. At the time of its repayment, the instrument?s market price was registered at 100% of its face value, indicating a successful and complete redemption of the principal to bondholders.