CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 24 February 2021
Media Center Press Release Treasury Bills
Manama, Bahrain – 24th February 2021 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been fully subscribed by 512%.
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 28th February 2021 and the maturity date is 29th August 2021.
The weighted average rate of interest is 1.69% compared to 2.35 to the previous issue on 31st January 2021.
The approximate average price for the issue was 99.152%, with the lowest accepted price being 99.123%.
This is issue No. 1849 (ISIN BH0001X2R692) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.