CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 25 December 2019
Media Center Press Release Treasury Bills
Manama, Bahrain – 25th December 2019 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 101%.
The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is 29th December 2019 and the maturity date is 28th June 2020.
The weighted average rate of interest is 2.57% equivalent to the previous issue on 1st December 2019.
The approximate average price for the issue was 98.717%, with the lowest accepted price being 98.712%.
This is issue No. 1788 (ISIN BH0004875298) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.