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CBB’s Monthly Issue of Treasury Bills Fully Subscribed

by BTM

Mon, 10 January 2022

CBB’s Monthly Issue of Treasury Bills Fully Subscribed

The Central Bank of Bahrain (CBB) announced that the BHD35 million monthly issue of Government Treasury Bills has been fully subscribed by 100 percent.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the government of Bahrain. The issue date of the bills is December 26 and the maturity date is June 26, 2022. The weighted average rate of interest is 1.67 percent compared to 1.63 percent of the previous issue on November 28.

The approximate average price for the issue was 99.164 percent, with the lowest accepted price being 99.147 percent.  

This is issue No. 1892 (ISIN BH00035W6231) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BHD2.110 billion.

#BAHRAIN BUSINESS BITES #BUSINESS NEWS BAHRAIN #BUSINESS IN BAHRAIN #BUSINESS #BTM JANAURY 2022

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