CBB issues BD 70m T-bills in week

Mubasher: The Central Bank of Bahrain (CBB) on Tuesday announced that a BD 70 million issue of Government Treasury Bills offered this week has been oversubscribed by 106%.

The central bank has issued the bills with a 91-day maturity on behalf of the Kingdom's government, according to Bahrain News Agency (BNA).

The date of the issuance is 5 September, while the maturity date is 5 December.

The weighted average interest rate is 4.08%, compared to 4.06% for the prior issue on 29 August, BNA reported.

This issue has brought the total outstanding value of government T-bills to BD 2.110 billion.

Mubasher Contribution Time: 04-Sep-2018 08:07 (GMT)
Mubasher Last Update Time: 04-Sep-2018 08:14 (GMT)