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CBB Treasury Bills Subscribed

Source: www.export-egypt.com 5/8/2018, Location: Middle East

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This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 100%. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of Bahrain

The issue date of the bills is May 9 2018 and the maturity date is August 8 2018.

The weighted average rate of interest is 3.36%, compared to 3.35% for the previous issue on May 2 2018.

The approximate average price for the issue was 99.158% with the lowest accepted price being 99.141%.

This is issue No. 1702 (ISIN BH000116O997) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.235 billion.

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