Manama, Bahrain 1st September 2020 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 111%.
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 September 2020 and the maturity date is 2nd December 2020.
The weighted average rate of interest is 2.24% compared to 2.26% for the previous issue on 26th August 2020.
The approximate average price for the issue was 99.436% with the lowest accepted price being 99.429%.
This is issue No. 1824 (ISIN BH0001F8ET00) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.