CBB’s Monthly Issue of Treasury Bills oversubscribed by 235%
- Date: 26-Jan-2023
- Source: Bizbahrain
- Sector:Financial Markets
- Country:Bahrain
CBB’s Monthly Issue of Treasury Bills oversubscribed by 235%
Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 235%.
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 29th January 2023 and the maturity date is 30th July 2023.
The weighted average rate of interest is 6.13% compared to 6.09% of the previous issue on 25th December 2022.
The approximate average price for the issue was 96.996%, with the lowest accepted price being 96.961%.
This is issue No. 1949 (ISIN BH000V870810) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.
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