CBB 12 Month Treasury Bills issue 126 oversubscribed by 197%

This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 197%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is March 20, and the maturity date is March 19, 2026.

The weighted average rate of interest is 4.88% compared to 5.26% of the previous issue on February 20.

The approximate average price for the issue was 95.299% with the lowest accepted price being 94.913%.

This is issue No. 126 (ISIN BH00030F6I98) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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