CBB 12 Month Treasury Bills Issue No. 107 oversubscribed by 223%

Manama, Aug. 22 (BNA): This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 223%.


The bills, carrying a maturity of 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.


The issue date of the bills is August 24 and the maturity date is August 22, 2024.


The weighted average rate of interest is 6.44% compared to 6.43% in the previous issue on July 20.


The approximate average price for the issue was 93.883% with the lowest accepted price being 93.833%.


This is issue No. 107 (ISIN BH000C366689) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.




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