CBB Treasury Bills issue 1791 oversubscribed by 184%

Manama, This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 184%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.

The issue date of the bills is January 22 and the maturity date is April 22.

The weighted average rate of interest is 2.57% compared to 2.61% for the previous issue on January 8.

The approximate average price for the issue was 99.354% with the lowest accepted price being 99.347%.

This is issue No. 1791 (ISIN BH0003780622) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

Source: Bahrain News Agency