CBB 12 Month Treasury Bills Issue No. 118 oversubscribed

BD 100 million issue oversubscribed by 108%

Press Release

July 15, 2024

PHOTO

Manama, Bahrain – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 108%.

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

The issue date of the bills is 18th July 2024, and the maturity date is 17th July 2025.

The weighted average rate of interest is 6.10% compared to 6.09% of the previous issue on 20th June 2024

The approximate average price for the issue was 94.191% with the lowest accepted price being 94.115%.

This is issue No. 118 (ISIN BH00037122P7) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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