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CBB 12 Month Treasury Bills Issue No. 87 oversubscribed 109%

November 24, 2021

Manama, Nov. 23 (BNA): This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 109%.

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

The issue date of the bills is November 25 and the maturity date is November 24, 2022.

The weighted average rate of interest is 1.66% compared to 1.65% of the previous issue on October 21.

The approximate average price for the issue was 98.34628% with the lowest accepted price being 98.26100%.

This is issue No. 87 (ISIN BH000RJDF242) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.