Central Bank of Bahrain
  

CBB Treasury Bills Subscribed

Manama, Bahrain – 30th April 2017 - This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 110%.

 

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 3rd May 2017 and the maturity date is 2nd August 2017.

 

The weighted average rate of interest is 2.22%, compared to 2.23% for the previous issue on 26th April 2017.

 

The approximate average price for the issue was 99.442% with the lowest accepted price being 99.439%.

 

This is issue No. 1649 (ISIN BH0001H96969) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.810 billion.

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