CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 26 February 2020
Media Center Press Release Treasury Bills
Manama, Bahrain – 26th February 2020 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 237%.
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 1st March 2020 and the maturity date is 30th August 2020.
The weighted average rate of interest is 2.47% compared to 2.52% of the previous issue on 2nd February 2020.
The approximate average price for the issue was 98.766%, with the lowest accepted price being 98.760%.
This is issue No. 1797 (ISIN BH00037151Z5) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.