CBB Treasury Bills oversubscribed by 143%

Manama, July 3 (BNA): The Bahraini Dinars 70 million government treasury bond issue was oversubscribed this week by 143%.

Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.

The date of issuance of the bills of exchange is 5th July 2023 and the due date is 4th October.

The weighted average interest rate was 6.14% compared to 6.15% for the previous issue on June 28.

The approximate average issue price was 98.471% with the lowest acceptable price being 98.463%.

This is Issue Number 1972 (ISIN BH00012Z5534)) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.110 billion Bahraini dinars.


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