CBB’s Monthly Issue of Treasury Bills oversubscribed by 183%

Manama, Aug. 23 (BNA): Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 183%.

 

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 August 27 and the maturity date is February 25, 2024.

 

The weighted average rate of interest 6.46% compared to 6.43% of the previous issue on July 30.

 

The approximate average price for the issue was 96.835%, with the lowest accepted price being 96.818%. 

 

This is issue No. 1979 (ISIN BH000U653894) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

 

F.K.N.