Retail customers can now participate in primary issuance / auction of Government Securities (Treasury bills, Government Development bonds and Islamic securities issued by the CBB on behalf of the Government of the Kingdom of Bahrain), as per directive from the Central Bank of Bahrain (CBB). Retail customers can participate in acquiring Government Securities by approaching the bank to purchase the same on their behalf.
Transactions for purchase of Government Securities have to be done through your current / savings account with NBB. The Bank will purchase the Government Securities on your behalf, on a fiduciary basis (that is, acting as your agent or trustee).
Minimum value of a bid is BD 10,000. If the value of the bid is more than BD 10,000, it has to be in multiples of BD 10,000.
In case there is requirement of liquidity, the Bank will be willing to offer you credit facility against your holdings, subject to the Bankís terms and conditions.
If you would like to avail this opportunity and acquire Government Securities when they are issued/auctioned, it would be our pleasure to assist you in doing the same. Please visit our Main Branch at Government Avenue, Manama, and the Branch Head will be happy to assist you in completing the documentation, or even arrange for a meeting with representatives from our Treasury department in case you need more detailed information.
For any queries, please contact our Call Center on 17214433.