Manama, Bahrain 30th September 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 2nd October 2019 and the maturity date is 1st January 2020.
The weighted average rate of interest is 2.84% compared to 2.82% for the previous issue on 25th September 2019.
The approximate average price for the issue was 99.286% with the lowest accepted price being 99.272%.
This is issue No. 1776 (ISIN BH0005184344) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.