CBB 12 Month Treasury Bills Issue No. 87 oversubscribed
Published on 23 November 2021
Media Center Press Release
Manama, Bahrain – 23rd November 2021 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 109%.
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 25th November 2021 and the maturity date is 24th November 2022.
The weighted average rate of interest is 1.66% compared to 1.65% of the previous issue on 21st October 2021.
The approximate average price for the issue was 98.34628% with the lowest accepted price being 98.26100%.
This is issue No. 87 (ISIN BH000RJDF242) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.