CBB Treasury Bills Oversubscribed
Published on 27 February 2023
Media Center Press Release Treasury Bills
Manama, Bahrain – 27th February 2023 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 221%.
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 1st March 2023 and the maturity date is 31st May 2023.
The weighted average rate of interest is 5.79% compared to 5.80% of the previous issue on 22nd February 2023.
The approximate average price for the issue was 98.558% with the lowest accepted price being 98.555%.
This is issue No. 1954 (ISIN BH000537X334) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion