CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 27 May 2020
Media Center Press Release Treasury Bills
Manama, Bahrain – 27th May 2020 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 119%.
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 31st May 2020 and the maturity date is 29th November 2020.
The weighted average rate of interest is 2.62% compared to 2.67% of the previous issue on 10th May 2020.
The approximate average price for the issue was 98.695%, with the lowest accepted price being 98.663%.
This is issue No. 1810 (ISIN BH0002A1ZP39) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.