Government Treasury Bills issue 1674 fully subscribed

23/10/2017 15:20 AST

The Central Bank of Bahrain (CBB) announced that this week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.

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 25th October 2017 and the maturity date is 24th January 2018.

The weighted average rate of interest is 2.73%, compared to 2.66% for the previous issue on 11th October 2017.

The approximate average price for the issue was 99.315% with the lowest accepted price being 99.295%.

This is issue No. 1674 (ISIN BH0006757460) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.985 billion.


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