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CBB Treasury Bills Issue No. 1785 Oversubscribed By 100%

Source: www.export-egypt.com 12/2/2019, Location: Middle East

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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 Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.

The issue date of the bills is December 4 and the maturity date is March 4, 2020.

The weighted average rate of interest is 2.58% compared to 2.57% for the previous issue on November 27.

The approximate average price for the issue was 99.353% with the lowest accepted price being 99.347%.

This is issue No. 1785 (ISIN BH0009Z25831) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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