CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 22 February 2023
Media Center Press Release
Manama, Bahrain – 22nd February 2023 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 260%.
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 26th February 2023 and the maturity date is 27th August 2023.
The weighted average rate of interest is 6.13% equivalent to the previous issue on 29th January 2023.
The approximate average price for the issue was 96.993%, with the lowest accepted price being 96.960%.
This is issue No. 1953 (ISIN BH0001775681) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.