CBB Treasury Bills Oversubscribed
Published on 21 January 2019
Manama, Bahrain 21st January 2019 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 115%.
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 January 2019 and the maturity date is 24th April 2019.
The weighted average rate of interest is 4.25% compared to 4.24% for the previous issue on 9th January 2019.
The approximate average price for the issue was 98.938% with the lowest accepted price being 98.925%.
This is issue No. 1739 (ISIN BH0001426970) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.