CBB Treasury Bills oversubscribed


Manama, June 20 (BNA): The subscription in this week’s issue of government treasury bills, amounting to 70 million Bahraini dinars, was covered by 132%.


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 June 22, 2022, and the date of maturity is September 21, 2022.


The weighted average interest rate is 3.47% compared to 2.96% for the previous issue dated June 8, 2022.


The approximate average issue price was 99.131% with the lowest acceptable price of 99.098%.


This is Issue No. 1917 (BH000633IQS7) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD 2.010 billion.


AOQ






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