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CBB Treasury Bills oversubscribed by 199%

CBB Treasury Bills oversubscribed by 199%

Biz Bahrain2 days ago

This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 199%
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 4, and the maturity date is September 3.
The weighted average rate of interest is 5.20% compared to 5.23% of the previous issue on May 28.
The approximate average price for the issue was 98.703% with the lowest accepted price being 98.701%.
This is issue No.2072 (ISIN BH0005A32176) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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CBB Treasury Bills oversubscribed by 199%
CBB Treasury Bills oversubscribed by 199%

Biz Bahrain

time2 days ago

  • Biz Bahrain

CBB Treasury Bills oversubscribed by 199%

This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 199% 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 4, and the maturity date is September 3. The weighted average rate of interest is 5.20% compared to 5.23% of the previous issue on May 28. The approximate average price for the issue was 98.703% with the lowest accepted price being 98.701%. This is issue No.2072 (ISIN BH0005A32176) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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