CBB Treasury Bills Oversubscribed
Published on 28 January 2019
Media Center Press Release Treasury Bills
Manama, Bahrain 28th January 2019 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 118%.
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 30th January 2019 and the maturity date is 1st May 2019.
The weighted average rate of interest is 4.24% compared to 4.25% for the previous issue on 23rd January 2019.
The approximate average price for the issue was 98.939% with the lowest accepted price being 98.930%.
This is issue No. 1740 (ISIN BH0006439523) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.