Manama, Bahrain – 18th January 2022 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 164%.
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 20th January 2022 and the maturity date is 19th January 2023.
The weighted average rate of interest is 1.77% compared to 1.72% of the previous issue on 23rd December 2021.
The approximate average price for the issue was 98.24246% with the lowest accepted price being 98.11500%.
This is issue No. 89 (ISIN BH0003556774) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.