CBB 12 Month Treasury Bills Issue No. 119 Oversubscribed
Published on 20 August 2024
Manama, Bahrain –20th August 2024 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 248%.
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 22nd August 2024, and the maturity date is 21st August 2025.
The weighted average rate of interest is 5.75% compared to 6.10% of the previous issue on 18th July 2024
The approximate average price for the issue was 94.508% with the lowest accepted price being 94.315%.
This is issue No. 119 (ISIN BH00046X0909) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.