CBB Treasury Bills oversubscribed by 180%

Manama, December 28 (BNA): The subscription in this week’s issue of government treasury bills worth 70 million Bahraini dinars was covered by 180%.

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 December 29, and the maturity date is March 30, 2022.

The weighted average interest rate was 1.45% compared to 1.47% for the previous issue on December 22.

The approximate average price of the issue was 99.63504% with the lowest acceptable price of 99.62700%.

This is Issue No. 1893 (ISIN BH0006T87517) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.

HF

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