CBB Treasury Bills Oversubscribed
Published on 20 May 2024
Media Center Press Release
Manama, Bahrain – 20th May 2024 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 181%.
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 22nd May 2024 and the maturity date is 21st August 2024.
The weighted average rate of interest is 5.91% compared to 5.92% of the previous issue on 8th May 2024.
The approximate average price for the issue was 98.527% with the lowest accepted price being 98.521%.
This is issue No. 2017 (ISIN BH0004Q838F5) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion