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CBB Treasury Bills Fully Subscribed

Source: www.export-egypt.com 5/15/2018, Location: Middle East

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This week’s BD 70 million issue of Government Treasury Bills has been 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 16th May 2018 and the maturity date is 15th August 2018. The weighted average rate of interest is 3.40%, compared to 3.36% for the previous issue on May 9 . The approximate average price for the issue was 99.147% with the lowest accepted price being 99.103%.

This is issue No. 1704 (ISIN BH00057S70U9) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.235 billion.

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