CBB Treasury Bills oversubscribed
Published on 9 November 2020
Manama, Bahrain 9th November 2020 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 106%.
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 11th November 2020 and the maturity date is 10th February 2021.
The weighted average rate of interest is 2.24% compared to 2.22% of the previous issue on 4th November 2020.
The approximate average price for the issue was 99.437% with the lowest accepted price being 99.411%.
This is issue No. 1834 (ISIN BH000SQ669V6) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.