CBB Treasury Bills oversubscribed by 180%

Manama, May 23 (BNA): The subscription in the issuance of government treasury bonds, worth 100 million Bahraini dinars, was oversubscribed by 180%.

The bond, which has a maturity of 12 months, is issued by the Central Bank of Bahrain (CBB) on behalf of Bahrain.

The date of issuance of the bills of exchange is May 25th and the due date is May 23rd, 2024.

The weighted average interest rate of 6.13% is equivalent to the previous issue on April 20th.

The approximate average issue price was 94.168% with the lowest acceptable price being 94.145%.

This is Issue Number 104 (ISIN BH0008T27675) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.