CBB 12 Month Treasury Bills Issue No.70 oversubscribed
Published on 23 June 2020
Media Center Press Release Treasury Bills
Manama, Bahrain – 23rd June 2020, The Central Bank of Bahrain (CBB) announces that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 104%.
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 25th June, 2020 and the maturity date is 24th June, 2021.
The weighted average rate of interest is 2.79% compared to 2.74% of the previous issue on 28th May, 2020.
The approximate average price for the issue was 97.253% with the lowest accepted price being 97.100%.
This is issue No.70 (ISIN BH0005135973) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.