Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issues of Government Treasury Bills have been oversubscribed by 153%.
The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is June 25 and the maturity date is December 24.
The weighted average rate of interest is 6.30% compared to 6.07 in the previous issue on May 28.
The approximate average price for the issue was 96.916%, with the lowest accepted price being 96.842%.
This is issue No. 1970 (ISIN BH000838D742) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Source: Bahrain News Agency