CBB’s Monthly Issue of Treasury Bills fully subscribed

Manama, April 28 (BNA) The Central Bank of Bahrain announced that the monthly issuance of government treasury bills, amounting to 35 million Bahraini dinars, has been subscribed at 100%.


Bills of exchange due within 182 days are issued by the Central Bank of Bahrain on behalf of the Kingdom of Bahrain.


The date of issue of the bills is May 8, 2022 and the due date is November 6, 2022.


The weighted average interest rate was 2.82% compared to 2.34% for the previous issue dated March 27, 2022.


The approximate average issue price was 98.597%, and the lowest acceptable price was 98.408%.


This is Issue No. 1911 (ISIN BH0009806066) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.


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