Manama, Bahrain – 25th February 2020. The Central Bank of Bahrain (CBB) announces that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 169%.
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 27th February, 2020 and the maturity date is 25th February, 2021.
The weighted average rate of interest is 2.56% compared to 2.60%, for the previous issue on 23rd January, 2020.
The approximate average price for the issue was 97.476% with the lowest accepted price being 97.457%.
This is issue No.66 (ISIN BH0008672626) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.