CBB Treasury Bills Oversubscribed by 134%

Manama, October 25 (BNA): The oversubscription of the government treasury bond issuance amounting to 70 million Bahraini dinars this week exceeded 134%.

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

The date of issue of the bills is October 27, and the due date is January 26, 2022.

The weighted average interest rate was 1.40% compared to 1.42% for the previous issue on October 20.

The approximate average issue price was 99.646% with the lowest acceptable price 99.622%.

This is Issue No. 1883 (ISIN BH0004683643) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.110 billion Bahraini dinars.

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