CBB Treasury Bills oversubscribed by 186%

CBB Treasury Bills oversubscribed by 186%

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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