CBB’s Monthly Issue of Treasury Bills oversubscribed by 161%


Manama, June 22 (BNA): The Central Bank of Bahrain announced that it has oversubscribed in the monthly issuance of government treasury bills, amounting to 35 million Bahraini dinars, by 161%.

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


The bond issue date is June 26, and the maturity date is December 25.


The weighted average interest rate was 4.17% compared to 3.15% for the previous issue on May 29, 2022.


The approximate average issue price was 97.933%, and the lowest acceptable price was 97.872%.


This is Issue No. 1918 (ISIN BH000794D0W6) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD 2.010 billion.


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