CBB 12 Month Treasury Bills Issue No. 98 oversubscribed
Published on 22 November 2022
Media Center Press Release Treasury Bills
Manama, Bahrain –22nd November 2022 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 141%.
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 24th November 2022 and the maturity date is 23rd November 2023.
The weighted average rate of interest is 6.03% compared to 5.83% of the previous issue on 20th October 2022.
The approximate average price for the issue was 94.256% with the lowest accepted price being 94.146%.
This is issue No. 98 (ISIN BH00042376L1) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.