CBB’s Monthly Issue of Treasury Bills oversubscribed
Published on 21 June 2023
Manama, Bahrain – 21st June 2023 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 153%.
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 25th June 2023 and the maturity date is 24th December 2023.
The weighted average rate of interest 6.30% compared to 6.07 of the previous issue on 28th May 2023.
The approximate average price for the issue was 96.916%, with the lowest accepted price being 96.842%.
This is issue No. 1970 (ISIN BH000838D742) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.