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CBB Treasury Bills oversubscribed by 196%

November 22, 2022
banking

This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 196%.

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.

The issue date of the bills is 23rd November 2022 and the maturity date is 22nd February 2023.

The weighted average rate of interest is 5.30% compared to 5.18% of the previous issue on 9th November 2022.

The approximate average price for the issue was 98.679% with the lowest accepted price being 98.653%.

This is issue No. 1939 (BH00017460E9) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion

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