CBB 12 Month Treasury Bills oversubscribed by 110%

CBB 12 Month Treasury Bills oversubscribed by 110%

This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 110%. 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 21 October 2021 and the maturity date is 20 October 2022. The weighted average rate of interest is 1.65% compared to 1.66% of the previous issue on 23 September 2021. The approximate average price for the issue was 98.35574% with the lowest accepted price being 98.214%. This is issue No. 86 ( of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.