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CBB’s Monthly Issue of Treasury Bills fully subscribed

September 24, 2020

Manama, Sept. 23 (BNA): The BD35 million monthly issue of Government Treasury Bills has been fully subscribed by 100%, the Central Bank of Bahrain (CBB) has announced.

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 September 27, 2020 and the maturity date is March 28, 2021.

The weighted average rate of interest is 2.60% compared with 2.54% of the previous issue on August 30, 2020.

The approximate average price for the issue was 98.703%, with the lowest accepted price being 98.703%.

This is issue No. 1827 (ISIN BH000234N8Q7) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion, the CBB said.