CBB Treasury Bills oversubscribed by 106%

Manama, Nov. 9 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 106%, the Central Bank of Bahrain (CBB) has said

 

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain. 

 

The issue date of the bills is November 11, 2020 and the maturity date is February 10, 2021.

 

The weighted average rate of interest is 2.24% compared to 2.22% of the previous issue on November 4, 2020.

 

The approximate average price for the issue was 99.437% with the lowest accepted price being 99.411%.

 

This is issue No. 1834 (ISIN BH000SQ669V6) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

 

Source: https://www.bna.bh/en/CBBTreasuryBillsoversubscribedby106.aspx?cms=q8FmFJgiscL2fwIzON1%2bDsbQ%2fAzu95f7ktqpsa%2bVq%2bY%3d

 

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