22 Jun 2016
(MENAFN) A group of Gov’t Treasury Bills was held at the Central Bank of Oman which amounted to USD 212.25mn.
Additionally, the average accepted price touched 99.962 for every USD 258.85mn, while the minimum accepted price reached 99.955 per USD 258.85mn.
The bills help the licensed commercial banks to invest their surplus funds, with added advantage of ready liquidity via discounting and repurchase facilities.
Moreover, treasury bills promote the regional money market by making a benchmark yield curve for short-term interest rates.
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
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