CBB Treasury Bills oversubscribed by 121%

Manama, Aug. 7 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 121%.


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 on August 9 and the maturity date on November 8.


The weighted average rate of interest is 6.30% compared to 6.14% in the previous issue on August 2.


The approximate average price for the issue was 98.432% with the lowest accepted price being 98.384%.

This is issue No. 1977 (ISIN BH000Z900G31) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.




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