Bahrain has officially opened the subscription for its $526.4 million (BHD 200 million) Government Development Bond Issue 38. This initiative, led by the Central Bank of Bahrain (CBB), allows both Bahraini and foreign investors to participate, with the subscription period running until Thursday, March 13, 2025.

The bonds have a par value of BHD1 each and are set to mature on March 17, 2027. Investors can expect a fixed annual return of 5.625%, which will be paid bi-annually on March 17 and September 17. A minimum subscription of 500 bonds is required per investor, with the bonds available for purchase through the Bahrain Bourse (BHB) primary market.

Once the bonds are listed on the local bourse on March 31, investors will have the opportunity to trade them on the secondary market. The bourse emphasized that this bond offering represents a significant investment opportunity for both local and international investors.