CBB’s monthly issue of Treasury Bills oversubscribed by 110%
- Date: 31-Jul-2020
- Source: Bizbahrain
- Sector:Financial Markets
- Country:Bahrain
CBB’s monthly issue of Treasury Bills oversubscribed by 110%
Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 110%.
The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is 2nd August 2020 and the maturity date is 31st January 2021.
The weighted average rate of interest is 2.50% compared to 2.58% of the previous issue on 28th June 2020.
The approximate average price for the issue was 98.750%, with the lowest accepted price being 98.727%.
This is issue No. 1819 (ISIN BH0001400827) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
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