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CBB 12 Month Treasury Bills oversubscribed by 256%

January 18, 2023

This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 256%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 19th January 2023 and the maturity date is 18th January 2024.

The weighted average rate of interest is 6.26% compared to 6.22% of the previous issue on 22nd December 2022.

The approximate average price for the issue was 94.047% with the lowest accepted price being 93.958%.

This is issue No. 100 (ISIN BH0004L41995) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.