Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 234%.
The bills, carrying maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is March 23, and the maturity date is September 21.
The weighted average rate of interest is 5.28% compared to 5.39% for the previous issue on February 23.
The approximate average price for the issue was 97.402%, with the lowest accepted price being 97.366%.
This is issue No. 2061 (ISIN BH0005907538) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
