Manama, Bahrain 1st March 2021 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 301%.
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 3rd March 2021 and the maturity date is 2nd June 2021.
The weighted average rate of interest is 1.44% compared to 1.80% of the previous issue on 24th February 2021.
The approximate average price for the issue was 99.637% with the lowest accepted price being 99.605%.
This is issue No. 1850 (ISIN BH0006790875) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.