CBB Treasury Bills oversubscribed by 180%

This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 180%.

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

The issue date of the bills is May 25 and the maturity date is May 23, 2024.

The weighted average rate of interest is 6.13% equivalent to the previous issue on April 20.

The approximate average price for the issue was 94.168% with the lowest accepted price being 94.145%.

This is issue No. 104 (ISIN BH0008T27675) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.

Source: Bahrain News Agency