CBB Treasury Bills fully subscribed

✔︎ Fact Checked by TDPel News Desk

By Pelumi Emmanuel

Published: April 26, 2022 | 2:16 PM GMT

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 CBB, on behalf of the Government of the Kingdom of Bahrain.

The issue date of the bills is 4th May 2022 and the maturity date is 3rd August 2022.

The weighted average rate of interest is 2.19% compared to 2.02% of the previous issue on 27th April 2022.

The approximate average price for the issue was 99.449% with the lowest accepted price being 99.375%.

This is issue No. 1910 (BH0001061XW3) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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About Pelumi Emmanuel

Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.