CBB Treasury Bills oversubscribed BY 115%

Manama, November 9 (BNA): The subscription in this week’s issue of government treasury bills worth BD70 million was covered by 115%.

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

The bond issue date is November 10 and the maturity date is February 9, 2022.

The weighted average interest rate was 1.44% compared to 1.40% for the previous issue on November 3.

The approximate average price of the version was 99.636% with the lowest acceptable price of 99.609%.

This is Issue No. 1886 (ISIN BH0003014238) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills reached 2.110 billion Bahraini dinars

HF