CBB Treasury Bills Oversubscribed
Published on 1 April 2019
Media Center Press Release
Manama, Bahrain 1st April 2019 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 199%.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.
The issue date of the bills is 3rd April 2019 and the maturity date is 3rd July 2019.
The weighted average rate of interest is 3.75% compared to 3.90% for the previous issue on 27th March 2019.
The approximate average price for the issue was 99.06% with the lowest accepted price being 99.034%.
This is issue No. 1750 (ISIN BH0009051754) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.