CBB’s Monthly Issue of Treasury Bills oversubscribed by 366%


Manama, Sept. 20 (BNA): Central Bank of Bahrain (CBB) announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 366%.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the government of Bahrain.

The issue date of the bills is September 24 and the maturity date is March 24, 2024.

The weighted average rate of interest 6.39% compared to 6.46% of the previous issue on August 27.

The approximate average price for the issue was 96.869%, with the lowest accepted price being 96.840%.

This is issue No. 1983 (ISIN BH00029779K5) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

F.K.N.




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