CBB 12 Month Treasury Bills Issue No.62 oversubscribed

Published on 22 October 2019

Media Center Press Release Government Securities

Manama, Bahrain – 22^nd October 2019. The Central Bank of Bahrain (CBB) announces that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 177%.

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 24^th October, 2019 and the maturity date is 22^nd October, 2020.

The weighted average rate of interest is 2.82% compared to 2.87%, for the previous issue on 26^th September, 2019.

The approximate average price for the issue was 97.225% with the lowest accepted price being 97.199%.

This is issue No.62 (ISIN BH000777AK29) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.