Post: CBB 12-month Treasury Bills issue no.120 oversubscribed

Manama, This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 192%. The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is September 19, and the maturity date is September 18, 2025. The weighted average rate of interest is 5.37% compared to 5.75% of the previous issue on August 22. The approximate average price for the issue was 94.849% with the lowest accepted price being 94.641%. This is issue No. 120 (ISIN BH0001017142) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion. Source: Bahrain News Agency