CBB Treasury Bills OversubscribedSource: www.export-egypt.com 12/3/2018, Location: Middle East |
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This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 106%.
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 5th December 2018 and the maturity date is 6th March 2019. The weighted average rate of interest is 4.27 equivalent to the previous issue on 28th November 2018. The approximate average price for the issue was 98.932% with the lowest accepted price being 98.925%. This is issue No. 1733 (ISIN BH0004L20700) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion. |
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