CBB Treasury Bills oversubscribed by 216%


Manama, September 19 (BNA): The subscription for this week’s issuance of government treasury bills, amounting to 70 million Bahraini dinars, exceeded the subscription by 216%.

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 September 21, 2022 and the due date is December 21, 2022.

The weighted average interest rate was 4.08% compared to 3.79% for the previous issue on September 7, 2022.

The approximate average price of the issue was 98.980% with the lowest acceptable price of 98.929%.

This is Issue No. 1930 (BH000G300908) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD 2.010 billion.

MI






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