CBB Treasury Bills oversubscribed

T-Bill Auction: GH¢10.3bn rejected as lack of options drive up demand

The treasury bill auction on July 18 saw bids of almost GH¢21 billion as fixed income investment options dried up on the market last week. The government accepted GH¢10.6 billion at rates of 13.7276%, 14.6164%, and 14.7393% for the 91-day, 182-day and 364-day treasury bill respectively. This is much lower than the 14.6596%, 15.0289%, and […]

CBB Treasury Bills oversubscribed

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain