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CBB lists bills worth BD406m

Bahrain Business
Mon, 05 Feb 2018


MANAMA: Six issues worth a total of BD406 million were listed yesterday in the Treasury Bills market at Bahrain Bourse (BHB).

Issued by the Central Bank of Bahrain (CBB), the bills have discount rates ranging between 3.09 per cent and 3.71pc and tenures of three to 12 months.

With this, the total number of Treasury Bills and Short-Term Islamic Lease (Ijarah) Sukuk listed on BHB has reached nine with a total value of BD891m.

The bourse launched the Treasury Bills Market in January 2016 with the aim of enhancing cash liquidity in local and foreign banks and institutions dealing in this market, and providing investors in BHB with more investment opportunities.

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