CBB Treasury Bills oversubscribed

Manama, Bahrain 29th January 2018 - This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 119%.

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 31st January 2018 and the maturity date is 2nd May 2018.

The weighted average rate of interest is 3.11%, compared to 3.09 for the previous issue on 24th January 2018.

The approximate average price for the issue was 99.220% with the lowest accepted price being 99.210%.

This is issue No. 1688 (ISIN BH000E950043) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.160 billion.

published on: 29 Jan 18