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Sells BD 70 million in 91-day bills

CBB Treasury Bills fully subscribed

The Central Bank of Bahrain's BD 70 million Treasury Bills issue achieved 100% subscription this week. The 91-day bills, issued on behalf of the Government of Bahrain, carry a weighted average interest rate of 5.36%, up from 5.31% in the previous issue. The bills mature December 16, bringing total outstanding Treasury Bills to BD 2.110 billion.

The weighted average rate of interest is 5.36% compared to 5.31% of the previous issue on September 2.
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