CBB Treasury Bills Oversubscribed
Published on 1 April 2024
Media Center  Press Release

Manama, Bahrain – 1st April 2024 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 111%.

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 2024 and the maturity date is 3rd July 2024.

The weighted average rate of interest is 5.94% compared to 5.90% of the previous issue on 27th March 2024.

The approximate average price for the issue was 98.520% with the lowest accepted price being 98.432%.

This is issue No. 2011 (ISIN BH0008Q54907) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion

 

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