CBB 12 Month Treasury Bills Issue No. 114 oversubscribed
Published on 19 March 2024
Manama, Bahrain –19th March 2024 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 101%.
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 21st March 2024 and the maturity date is 20th March 2025.
The weighted average rate of interest is 6.01% compared to 5.95% of the previous issue on 22nd Feb 2024
The approximate average price for the issue was 94.275% with the lowest accepted price being 94.101%.
This is issue No. 114 (ISIN BH000O2X7382) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.