CBB Treasury Bills oversubscribed by 186%

✔ Fact Checked by TDPel News Desk

By Samantha Allen

Published: May 10, 2022 | 2:08 PM GMT

This week’s BD 70 million issue of Government Treasury Bills were oversubscribed by 186%. The bills carried a maturity of 91 days and are issued by the CBB, on behalf of the Kingdom’s Government.

The issue date of the bills is May 11, 2022 and the maturity date is August 10, 2022.

The weighted average rate of interest is 2.30% compared to 2.19% of the previous issue on May 4, 2022.

The approximate average price for the issue was 99.422% with the lowest accepted price being 99.410%. This is issue No.1912 (BH000L438495) of Government Treasury Bills. The total outstanding value of Government Treasury Bills is BD 2.110 billion

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About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.