CBB 12 Month Treasury Bills Issue No. 109 oversubscribed
Published on 17 October 2023
Manama, Bahrain –17th October 2023 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 160%.
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 19th October 2023 and the maturity date is 17th October 2024.
The weighted average rate of interest is 6.46% equivalent to the previous issue on 21st September 2023.
The approximate average price for the issue was 93.866% with the lowest accepted price being 93.831%.
This is issue No. 109 (ISIN BH0009234640) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.