Central Bank of Bahrain

CBB Treasury Bills Subscribed

Manama, Bahrain – 8th May 2017 - This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 119%.

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 10th May 2017 and the maturity date is 09th August 2017.

The weighted average rate of interest is 2.22%, equivalent to the previous issue on 3rd May 2017.

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

This is issue No. 1650 (ISIN BH000U478714) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.810 billion.

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