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Central Bank of Bahrain

08/19/2024 | Press release | Distributed by Public on 08/19/2024 06:25

CBB Treasury Bills Oversubscribed (19 August 2024)

Published on 19 August 2024
Media Center Press Release

Manama, Bahrain -19th August 2024 - This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 176%

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 21st August 2024, and the maturity date is 20th November 2024.

The weighted average rate of interest is 6.27% compared to 6.39% of the previous issue on 7th August 2024.

The approximate average price for the issue was 98.440% with the lowest accepted price being 98.384%.

This is issue No. 2030 (ISIN BH000Z626275) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion

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