Business

CBB Treasury Bills oversubscribed by 215%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 215%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.

Iraq’s oil exports to America increased during the past week

The US Energy Information Administration (EIA) announced that Iraq’s oil exports to America increased during the past week.

The EIA said in a table that “the average US imports of crude oil during the past week from 9 major countries amounted to 5.55…