CBB Treasury Bills 100 per cent subscribed
This week’s BHD 70 million issue of Government Treasury Bills has been subscribed by 100 per cent.
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 5 July 2017 and the maturity date is 4 October 2017.
The weighted average rate of interest is 2.33 per cent, equivalent to the previous issue on 28 June 2017.
The approximate average price for the issue was 99.414 per cent with the lowest accepted price being 99.403 per cent.
This is issue No. 1659 (ISIN BH0007700816) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BHD 1.910 billion.