Manama, Bahrain 21st October 2019 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 156%.
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 23rd October 2019 and the maturity date is 22nd January 2020.
The weighted average rate of interest is 2.82% compared to 2.83% for the previous issue on 9th October 2019.
The approximate average price for the issue was 99.292% with the lowest accepted price being 99.285%.
This is issue No. 1778 (ISIN BH0008981639) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.