CBB Treasury Bills Oversubscribed
Published on 31 December 2018
Media Center  Press Release  Government Securities

Manama, Bahrain 31st December 2018 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 132%. 

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 2nd January 2019 and the maturity date is 3rd April 2019.

The weighted average rate of interest is 4.25% equivalent to the previous issue on 26th December 2018.

The approximate average price for the issue was 98.936% with the lowest accepted price being 98.930%.

This is issue No. 1737 (ISIN BH000RM606X9) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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