CBB 12 Month Treasury Bills Issue No. 120 Oversubscribed
Published on 17 September 2024
Media Center Press Release
Manama, Bahrain –17th September 2024 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 192%.
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 September 2024, and the maturity date is 18th September 2025.
The weighted average rate of interest is 5.37% compared to 5.75% of the previous issue on 22nd August 2024
The approximate average price for the issue was 94.849% with the lowest accepted price being 94.641%.
This is issue No. 120 (ISIN BH0001017142) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.