Manama, Bahrain – 21st July 2020, The Central Bank of Bahrain (CBB) announces that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 103%.
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 23rd July, 2020 and the maturity date is 22nd July, 2021.
The weighted average rate of interest is 2.77% compared to 2.79% for the previous issue on 25th June, 2020.
The approximate average price for the issue was 97.277% with the lowest accepted price being 97.094%.
This is issue No.71 (ISIN BH000632G031) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.