Mubasher: The Central Bank of Bahrain (CBB) has issued BHD 70 million worth of government treasury bills (T-bills).

The issuance was oversubscribed by 103%, according to a statement by CBB on Monday.

The 91-day notes issued on 22 April 2020 will mature on 22 July 2020.

The weighted average rate of interest is 2.27% compared to 2.29% in the previous issue on 8 April.

This brings the total outstanding value of government treasury bills in BHD 2.11 billion.