CBB 12 Month Treasury Bills oversubscribed by 160%

This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 160%.

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 October 19 and the maturity date is October 17, 2024.

The weighted average rate of interest is 6.46% equivalent to the previous issue on September 21.

The approximate average price for the issue was 93.866% with the lowest accepted price being 93.831%.

This is issue No. 109 (ISIN BH0009234640) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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