CBB Treasury Bills fully subscribed by 100%

Manama, May 30 (BNA): This week’s issuance of government treasury bills amounting to 70 million Bahraini dinars was subscribed at 100%.

Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Kingdom’s government.

The date of issue of the bills is June 1 and the due date is August 31.

The weighted average interest rate was 2.83% versus 2.53% in the previous release dated May 25th.

The approximate average issue price was 99.289% with the lowest acceptable price 99.247%.

This is Issue No. 1915 (BH00045430Z3) of Government Treasury Bills.

The total outstanding value of government treasury bills amounted to BD 2.010 billion.


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