CBB’s monthly issue of Treasury Bills oversubscribed by 139%

Manama, May. 2 (BNA): Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 139%.


The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.


The issue date of the bills is May 5 and the maturity date is November 3.


The weighted average rate of interest 5.99% compared to the 5.96% of the previous issue on March 24.


The approximate average price for the issue was 97.059%, with the lowest accepted price being 97.046%. 


This is issue No. 2015 (ISIN BH000430NK80) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.





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