Yemen: The Central Bank in Aden Issues Long-Term Government Bonds Worth 10 Billion Riyals
Arab Sea Newspaper - News Updates
Arabian Sea - Yemen - Follow-ups: The Central Bank of Yemen in Aden announced today, Monday, the opening of an auction to sell long-term local public debt instruments, through the issuance of treasury bonds for a period of three years, with an initial value of 10 billion Yemeni riyals, subject to increase. The bank said in a statement that the auction will take place on September 10, 2025, from 9:30 a.m. to 11:00 a.m., and that bids will be accepted via the Refinitiv electronic platform, or through the email designated for participants who do not have access to the platform. It explained that the minimum bid is 50 million riyals and multiples of this amount, while the annual return was set at 20 percent, with interest paid every six months. It added that settlements will be made within two working days from the date of the auction, and participants are not entitled to withdraw or amend their offers after acceptance. The bank confirmed that bids can be submitted directly by participants or on behalf of their clients, noting that the results will be announced on the same day as the auction.