CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 24 May 2023
Media Center Press Release Treasury Bills
Manama, Bahrain – 24th May 2023 – 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 28th May 2023 and the maturity date is 26th November 2023.
The weighted average rate of interest 6.07% compared to 6.10 of the previous issue on 7th May 2023.
The approximate average price for the issue was 97.021%, with the lowest accepted price being 97.008%.
This is issue No. 1966 (ISIN BH00012G3474) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.