CBB Treasury Bills Oversubscribed
Published on 11 March 2019
Media Center Press Release
Manama, Bahrain 11th March 2019 – This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 166%.
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 13th March 2019 and the maturity date is 12th June 2019.
The weighted average rate of interest is 3.96% compared to 4.05% for the previous issue on 6th March 2019.
The approximate average price for the issue was 99.009% with the lowest accepted price being 98.999%.
This is issue No. 1747 (ISIN BH000A155V37) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.