CBB Treasury Bills Oversubscribed
Published on 3 June 2019
Media Center  Press Release  Government Securities

Manama, Bahrain 3rd June 2019 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 109%.

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 5th June 2019 and the maturity date is 4th September 2019.

The weighted average rate of interest is 3.18% compared to 3.14% for the previous issue on 29th of May 2019.

The approximate average price for the issue was 99.203% with the lowest accepted price being 99.173%.

This is issue No. 1759 (ISIN BH000D911319) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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