CBB Treasury Bills oversubscribed by 188%

Manama, January 2 (BNA): This week’s issuance of government treasury bills worth BD70 million was oversubscribed by 188%.
The bills, which mature within 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.
The bond issue date is January 4th and the maturity date is April 5th.

The weighted average interest rate was 5.72% compared to 5.74% for the previous issue on December 28, 2022.

The approximate average issue price was 98.575% with the lowest acceptable price being 98.566%.

This is Issue Number 1946 (BH0002682779) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.

ZHB

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