CBB Treasury Bills Oversubscribed (5 August 2024)

Manama, Bahrain -5^th August 2024 - This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 215%

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 7^th August 2024, and the maturity date is 6^th November 2024.

The weighted average rate of interest is 6.39% compared to 6.61% of the previous issue on 31^st July 2024.

The approximate average price for the issue was 98.410% with the lowest accepted price being 98.407%.

This is issue No. 2029 (ISIN BH00069G9127) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion