CBB Treasury Bills oversubscribed

Manama, Bahrain 2ndApril 2018 - This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 143%. 

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 4th April 2018 and the maturity date is 4th July 2018.

The weighted average rate of interest is 3.33%, compared to 3.30% for the previous issue on 28th March 2018.

The approximate average price for the issue was 99.166% with the lowest accepted price being 99.153%.

This is issue No. 1698 (ISIN BH000H3AO3O3) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.135 billion.

published on: 02 Apr 18