logo
CBB 12 month treasury bills Issue No. 129 fully subscribed

CBB 12 month treasury bills Issue No. 129 fully subscribed

Zawya17-06-2025
Manama, Bahrain – This week's BD 100 million issue of Government Treasury Bills has been fully subscribed by 100%.
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 19th June 2025, and the maturity date is 18th June 2026.
The weighted average rate of interest is 5.28% compared to 5.12% of the previous issue on 22nd May 2025.
The approximate average price for the issue was 94.936% with the lowest accepted price being 94.731%.
This is issue No. 129 (ISIN BH000X45Z109) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump says 'highly unlikely' to fire Fed chair Jerome Powell amid renovations
Trump says 'highly unlikely' to fire Fed chair Jerome Powell amid renovations

Khaleej Times

timean hour ago

  • Khaleej Times

Trump says 'highly unlikely' to fire Fed chair Jerome Powell amid renovations

US President Donald Trump on Wednesday said he was not planning to fire Federal Reserve Board Chair Jerome Powell, but declined to rule out anything, citing an investigation into cost overruns on a $2.5 billion Fed renovation project. Trump repeated his criticism of Powell for not lowering interest rates, but said he would focus on picking a replacement in a few months. Powell's term ends in May 2026. Asked if he ruled out firing Powell, Trump said: "I don't rule out anything but I think it's highly unlikely unless he has to leave for fraud." His statement came after a course revealed that the president was open to the idea of firing Federal Reserve Chair Jerome Powell. Trump polled some Republican lawmakers on firing Powell and received a positive response, the source had said. Meanwhile, republicans on the House Financial Services Committee are expected to meet with Federal Reserve Chairman Jerome Powell on Wednesday, a Semafor reporter said. The meeting will take place at 6pm (2200GMT), the reporter said on X.

Sheikh Mohammed grants Dubai government employees 10 days' marriage leave
Sheikh Mohammed grants Dubai government employees 10 days' marriage leave

The National

timean hour ago

  • The National

Sheikh Mohammed grants Dubai government employees 10 days' marriage leave

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, on Wednesday issued a decree regarding marriage leave for Dubai government employees. It states that employees are entitled to fully paid marriage leave for a period of 10 working days. It also allows employees to combine marriage leave with any other leave they are entitled to. The aim is to enhance psychological and family stability, and strengthen the foundations for successful family life, while achieving a balance between personal life requirements and job duties. The decree covers Emirati employees working in government agencies and authorities supervising special development zones and free zones. What are the rules? The decree specifies that the employee's husband or wife must also be a UAE citizen. It also states that the employee must have successfully passed their probationary period. The marriage contract must also be certified in the country and concluded after December 31, last year. A copy of the marriage contract must be submitted only once when applying for leave. During the leave period, the employee is entitled to receive their full gross salary, including allowances and financial benefits. They may also use marriage leave at any time, whether continuously or intermittently, in one year from the date of concluding the marriage contract. A government entity cannot call on an employee during marriage leave, with the exception of military personnel if work requires it.

US STOCKS: Wall Street wobbles after Trump denies plans to fire Powell
US STOCKS: Wall Street wobbles after Trump denies plans to fire Powell

Khaleej Times

timean hour ago

  • Khaleej Times

US STOCKS: Wall Street wobbles after Trump denies plans to fire Powell

U.S. stock indexes pared losses on Wednesday after President Donald Trump said it was "highly unlikely" that he would fire Federal Reserve Chair Jerome Powell, minutes after several reports said he was likely to do so. The main U.S. stock indexes fell sharply earlier, the dollar plunged and Treasury yields rose after Bloomberg News reported the possibility of replacing Powell, citing an unidentified White House official. Separately, Reuters News reported, citing a source, that Trump is open to the idea of firing Powell. Trump was quick to deny the reports, even as he unleashed a new barrage of criticism against the Fed chair for not cutting interest rates. "Any rhetoric between and Jerome Powell and Donald Trump is noise to me. We aren't making any portfolio considerations or changes," said David Wagner, head of equities at Aptus Capital Advisors LLC. "The market understands that the new Fed chair tends to be announced a year ahead of time which should be upcoming in the next few months. There is no reason for Trump to negate the arm's-length distance between the Federal Reserve and the executive branch in the wake of a new Fed Chair being named in the next month or two." The benchmark SP 500 fell as much as nearly 1% following the reports, but clawed back from those losses following Trump's comments. At 12:03 p.m. ET, the Dow Jones Industrial Average rose 24.56 points, or 0.05%, to 44,047.85, the SP 500 lost 4.16 points, or 0.07%, to 6,239.25 and the Nasdaq Composite lost 29.77 points, or 0.14%, to 20,648.03. The CBOE Volatility Index, Wall Street's "fear gauge," hit an over a three-week high earlier but eased from those levels. Trump has repeatedly criticized Federal Reserve monetary policy in recent months, angry over the central bank's refusal to cut interest rates. Fed officials have resisted cutting rates until there is clarity on whether Trump's tariffs on U.S. trading partners reignite inflation. A recent Supreme Court ruling suggests no change to the long-held understanding that the law prohibits a president from firing a Fed chair over a policy difference.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store