CBB 12 Month Treasury Bills Issue No.60 oversubscribed
Published on 27 August 2019
Media Center Press Release
Manama, Bahrain – 27th August 2019. The Central Bank of Bahrain (CBB) announces that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 218%.
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 29th August, 2019 and the maturity date is 27th August, 2020.
The weighted average rate of interest is 2.95% compared to 3.12%, for the previous issue on 25th July, 2019.
The approximate average price for the issue was 97.100% with the lowest accepted price being 97.077%.
This is issue No.60 (ISIN BH0002646G90) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.