MySQL query is NOT executed from bash, but works from MySQL client

Using UBUNTU 16.

MySQL query fails from bash, but works from MySQL client:

    query=$(cat << EOF
CREATE DATABASE \`${mysql_local_database}\` /*!40100 COLLATE \'utf8_hungarian_ci\' */; use \`${mysql_local_database}\`; GRANT SELECT, EXECUTE, SHOW VIEW, ALTER, ALTER ROUTINE, CREATE, CREATE ROUTINE, CREATE TEMPORARY TABLES, CREATE VIEW, DELETE, DROP, INDEX, INSERT, REFERENCES, UPDATE, LOCK TABLES  ON \`${mysql_local_database}\`.* TO 'myuser'@'%'; FLUSH PRIVILEGES;
EOF
)
echo $query
mysql -u ${mysql_local_user} -p${mysql_local_pass} -h localhost "${query}"

I get the following error after executing the bash script:

    CREATE DATABASE `mydb` /*!40100 COLLATE 'utf8_hungarian_ci' */; use `mydb`; GRANT SELECT, EXECUTE, SHOW VIEW, ALTER, ALTER ROUTINE, CREATE, CREATE ROUTINE, CREATE TEMPORARY TABLES, CREATE VIEW, DELETE, DROP, INDEX, INSERT, REFERENCES, UPDATE, LOCK TABLES ON `mydb`.* TO 'user'@'%'; FLUSH PRIVILEGES;
ERROR 1102 (42000): Incorrect database name 'CREATE DATABASE `mydb` /*!40100 COLLATE 'utf8_hungarian_ci' */'

If I execute the printed MySQL query in MySQL client (HeidiSQL), it works fine:

CREATE DATABASE `mydb` /*!40100 COLLATE 'utf8_hungarian_ci' */; use `mydb`; GRANT SELECT, EXECUTE, SHOW VIEW, ALTER, ALTER ROUTINE, CREATE, CREATE ROUTINE, CREATE TEMPORARY TABLES, CREATE VIEW, DELETE, DROP, INDEX, INSERT, REFERENCES, UPDATE, LOCK TABLES ON `mydb`.* TO 'myuser'@'%'; FLUSH PRIVILEGES;

/* Affected rows: 1  Found rows: 0  Warnings: 0  Duration for 4 queries: 0,000 sec. */

Please advise how to fix it.

SOLUTION

As @yoonix pointed, yes, the -e option was missing.

mysql -u ${mysql_local_user} -p${mysql_local_pass} -h localhost - e "${query}"

Now works well. Thanks for the help!