Bond Bahrein 0% ( BH000354E1R5 ) in BHD
| Issuer | Bahrein |
| Market price | 100 % ⇌ |
| Country | Bahrain
|
| ISIN code |
BH000354E1R5 ( in BHD )
|
| Interest rate | 0% |
| Maturity | 16/01/2019 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 BHD |
| Total amount | 43 000 000 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 instrument, identified by ISIN BH000354E1R5, represented a sovereign obligation issued by the Kingdom of Bahrain, a Middle Eastern state whose public debt issuances are denominated in Bahraini Dinars (BHD); launched with a total issuance size of 43,000,000 BHD and a minimum purchase denomination of 10,000 BHD, this specific bond was characterized by a zero-percent interest rate, making it a zero-coupon instrument designed for a single principal repayment at its maturity, which was successfully completed on January 16, 2019, as the bond reached its maturity and was fully redeemed at 100% of its par value. |
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