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CBB Treasury Bills oversubscribed by 229%

January 4, 2022

Manama, Jan. 3 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 229%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.

The issue date of the bills is January 5 and the maturity date is April 6.

The weighted average rate of interest is 1.39% compared to 1.45% of the previous issue on December 29, 2021.

The approximate average price for the issue was 99.65051% with the lowest accepted price being 99.64200%.

This is issue No. 1894 (ISIN BH000H734873) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.