CBB Treasury Bills Oversubscribed

Manama, Bahrain 9^th October 2017 - This week’s BD 70 million issue of Government Treasury Bills has been Oversubscribed by 111%.

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 11^th October 2017 and the maturity date is 10^th January 2018.

The weighted average rate of interest is 2.66%, compared to 2.61% for the previous issue on 4^th October 2017.

The approximate average price for the issue was 99.332% with the lowest accepted price being 99.300%.

This is issue No. 1673 (ISIN BH0006V5K655) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.985 billion.