CBB Treasury Bills Oversubscribed by 128%

Manama, October 19 (BNA) The subscription in the government treasury bond issue amounting to 70 million Bahraini dinars was covered by 128%.

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 20, and the due date is January 19, 2022.

The weighted average interest rate was 1.42% compared to 1.40% for the previous issue on October 6.

The approximate average issue price was 99.641% with the lowest acceptable price 99.597%.

This is Issue No. 1882 (ISIN BH00014I7422) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.

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