MIL-OSI Banking: CBB 12 Month Treasury Bills Issue No. 85 oversubscribed

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Source: Central Bank of Bahrain

CBB 12 Month Treasury Bills Issue No. 85 oversubscribed

Published on 21 September 2021

Manama, Bahrain – 21st September 2021 – This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 171%.

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 23rd September 2021 and the maturity date is 22nd September 2022.

The weighted average rate of interest is 1.66% compared to 1.71% of the previous issue on 26th August 2021.

The approximate average price for the issue was 98.35151% with the lowest accepted price being 98.310%.

This is issue No. 85 (ISIN BH00022XN0A8) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

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