Manama, This week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.
The issue date of the bills is October 2, and the maturity date is January 1, 2025.
The weighted average rate of interest is 6.04% compared to 5.93% of the previous issue on September 25.
The approximate average price for the issue was 98.497% with the lowest accepted price being 98.368%.
This is issue No. 2037 (ISIN BH0008091O97) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion
Source: Bahrain News Agency