CBB Treasury Bills Oversubscribed
Published on 4 December 2023
Media Center Press Release
Manama, Bahrain – 4th December 2023 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 129%.
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 6th December 2023 and the maturity date is 6th March 2024.
The weighted average rate of interest is 6.44% compared to 6.42% of the previous issue on 29th November 2023.
The approximate average price for the issue was 98.399% with the lowest accepted price being 98.378%.
This is issue No. 1994 (ISIN BH000M6737T2) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion