CBB Treasury bills oversubscribed

CBB Treasury bills oversubscribed

CBB Treasury bills oversubscribedWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>PRESS RELEASE>Companies News>CBB Treasury bills overs...PHOTOManama, Bahrain: - This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 211%.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 25th October 2023 and the maturity date is 24th January 2024.The weighted average rate of interest is 6.40% compared to 6.44% of the previous issue on 18th October 2023.The approximate average price for the issue was 98.409% with the lowest accepted price being 98.403%.This is issue No. 1987 (ISIN BH00076MYG14) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.Send us your press releases to [email protected] ©