CBB 12 Month Treasury Bills Issue No. 105 oversubscribed by 143%

Manama, June 20 (BNA): The Bahraini dinars 100 million government treasury bond issue was oversubscribed this week by 143%.

The bills of exchange, which are due within 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.

The date of issuance of the bills of exchange is 22nd June and the due date is 20th June 2024.

The weighted average interest rate was 6.36% compared to 6.13% for the previous issue on May 25th.

The approximate average issue price was 93.957% with the lowest acceptable price being 93.593%.

This is Issue Number 105 (ISIN BH00073P4519) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.110 billion Bahraini dinars.


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