CBB Treasury Bills oversubscribed by 111%

Manama, April 20 /BNA/: The subscription in this week’s issue of government treasury bills, amounting to BD 70 million, was oversubscribed by 111%.

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

The bond issue date is April 26th and the maturity date is July 26th.

The weighted average interest rate was 5.92% compared to 5.82% for the previous issue on April 19.

The approximate average issue price was 98.526% with the lowest acceptable price being 98.359%.

This is Issue Number 1961 (ISIN BH0007165606) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.


Source link

READ MORE  Canada posts massive jobs gain; employment back to pre-pandemic levels

Leave a Comment