CBB’s Monthly Issue of Treasury Bills Oversubscribed
Published on 21 August 2024
Manama, Bahrain – 21st August 2024 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 254%.
The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is 25th August 2024, and the maturity date is 23rd February 2025.
The weighted average rate of interest is 5.94% compared to 6.29% of the previous issue on 28th July 2024.
The approximate average price for the issue was 97.086%, with the lowest accepted price being 97.033%.
This is issue No. 2031 (ISIN BH0001I87016) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.