Manama, Bahrain – 22nd January 2019 – The Central Bank of Bahrain (CBB) announces that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 203%.
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 24th January, 2019 and the maturity date is 23rd January 2020.
The weighted average rate of interest is 4.88% compared to 4.90%, for the previous issue on 27th December 2018.
The approximate average price for the issue was 95.299% with the lowest accepted price being 95.261%.
This is issue No.53 (ISIN BH0006918M60) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.