CBB Treasury Bills oversubscribed by 110%

Manama, February 28 (BNA): The subscription in this week’s issue of government treasury bills worth 70 million Bahraini dinars was covered by 110%.


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 March 2, and the due date is June 1.


The weighted average interest rate was 1.61% compared to 1.47% for the previous issue on February 21.


The approximate average price of the version was 99.595% with the lowest acceptable price of 99.522%.


This is Issue No. 1902 (ISIN BH0002AP6U43) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills reached 2.110 billion Bahraini dinars


HF






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