CBB 12 Month Treasury Bills Issue No. 92 oversubscribed by 150%

This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 150%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of Bahrain.

The issue date of the bills is April 21, 2022 and the maturity date is April 20, 2023.

The weighted average rate of interest is 3.25% compared to 2.79% of the previous issue on March 24, 2022.

The approximate average price for the issue was 96.820% with the lowest accepted price being 96.584%.

This is issue No. 92 (ISIN BH000V8Q24I4) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

M.I.