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Central Bank of Bahrain treasury bills oversubscribed by 109%

Central Bank of Bahrain.
By TRENDS Desk
June 27, 2023 7:43 pm
  • The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain
  • The weighted average rate of interest is 6.15 percent compared to 6.11 percent in the previous issue on June 21

Manama, Bahrain – This week’s BD 70 million issue of Treasury Bills of Government of Bahrain have been oversubscribed by 109 percent. 

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

The issue date of the bills is June 28 and the maturity date is September 27.

The weighted average rate of interest is 6.15 percent compared to 6.11 percent in the previous issue on June 21.

The approximate average price for the issue was 98.469 percent with the lowest accepted price being 98.384 percent.

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