CBB Treasury Bills fully subscribed

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Manama, June 27 (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 the Kingdom of Bahrain. 

 

The issue date of the bills is June 29, 2022 and the maturity date is September 28, 2022.

 

The weighted average rate of interest is 3.74% compared to 3.47% of the previous issue on June 22, 2022.

 

The approximate average price for the issue was 99.063% with the lowest accepted price being 99.999%.

 

This is issue No. 1919 of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.