CBB Treasury Bills oversubscribed

Manama, October 17 (BNA): The oversubscription of the government treasury bond issue amounting to 70 million Bahraini dinars this week exceeded 129%.

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 is October 19, 2022, and the date of maturity is January 18, 2023.

The weighted average interest rate was 4.73% compared to 4.50% for the previous issue dated October 5, 2022.

The approximate average issue price was 98.817% with the lowest acceptable price 98.751%.

This is Issue No. 1934 (BH000V002752) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars


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