CBB Treasury Bills oversubscribed by 211%

Manama, April 4 (BNA): The subscription in this week’s issue of government treasury bills, amounting to BD70 million, was covered by 211%.

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 of exchange is April 6, and the due date is July 6.

The weighted average interest rate of 1.99% is equivalent to the previous issue on March 30th.

The approximate average price of the version was 99.499% with the lowest acceptable price of 99.468%.

This is Issue No. 1907 (BH000MH52486) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills reached 2.110 billion Bahraini dinars

FKN