CBB Treasury Bills oversubscribed

Manama, Jan. 24 (BNA): The subscription for this week’s issue of government treasury bills worth 70 million Bahraini dinars was covered by 185%.

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

The date of issue of the bills of exchange is January 26, 2022 and the due date is April 27, 2022.

The weighted average interest rate was 1.33% versus 1.35% for the previous issue dated January 19, 2022.

The approximate average price of the version was 99.665% with the lowest acceptable price of 99.662%.

This is Issue No. 1896 (ISIN BH0006145U40) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.

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