CBB Treasury Bills Oversubscribed by 216%

Manama, October 4 (BNA): The subscription in the government treasury bond issue amounting to 70 million Bahraini dinars this week was covered by 216%.

Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.

The date of issue of the bills is October 6 and the due date is January 5, 2022.

The weighted average interest rate was 1.40% compared to 1.44% for the previous issue on September 29.

The approximate average price of the version was 99.647% with the lowest acceptable price of 99.647%.

This is Issue No. 1881 (ISIN BH00051586A6) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.110 billion Bahraini dinars.

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