CBB Treasury Bills Oversubscribed
Published on 1 November 2021
Manama, Bahrain – 1st November 2021 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 144%.
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 November 2021 and the maturity date is 2nd February 2022.
The weighted average rate of interest is 1.40% equivalent to the previous issue on 27th October 2021.
The approximate average price for the issue was 99.646% with the lowest accepted price being 99.622%.
This is issue No. 1884 (ISIN BH0006X4B176) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.