CBB Treasury Bills Oversubscribed
Published on 25 March 2024
Media Center  Press Release

Manama, Bahrain – 25th March 2024 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 202%.

 

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 27th March 2024 and the maturity date is 26th June 2024.

The weighted average rate of interest is 5.90% compared to 5.96% of the previous issue on 20th March 2024.

The approximate average price for the issue was 98.530% with the lowest accepted price being 98.530%.

This is issue No. 2010 (ISIN BH000T24A105) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion

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