CBB monthly issue of Treasury Bills oversubscribed

Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 308%.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of Bahrain.

The issue date of the bills is February 2 and the maturity date is August 20.

The weighted average rate of interest is 2.52% compared to 2.57% of the previous issue on December 29, 2019.

The approximate average price for the issue was 98.740%, with the lowest accepted price being 98.727%.

This is issue No. 1793 (ISIN BH000K7P3301) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.