CBB Treasury Bills oversubscribed by 270%

Manama, Oct. 2 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 270%.

 

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain. 

 

The issue date of the bills is October 4 and the maturity date is January 3, 2024.

 

The weighted average rate of interest is 6.49% compared to 6.51% of the previous issue on September 27.

 

The approximate average price for the issue was 98.387% with the lowest accepted price being 98.383%.

                                                               

This is issue No. 1985 (ISIN BH0001191D94) 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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