CBB Treasury Bills fully subscribed by 100%

Manama, Apr. 5 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.

 

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

 

The issue date of the bills is April 7, and the maturity date is July 7.

 

The weighted average rate of interest is 1.20% compared to 1.11% of the previous issue on  March 31.

 

The approximate average price for the issue was 99.697% with the lowest accepted price being 99.622%.

 

This is issue No. 1855 (ISIN BH0007619842) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

 

 

Source: Bahrain News Agency

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