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 August 30 and the maturity date is November 29.
The weighted average rate of interest is 6.72% compared to 6.45% of the previous issue on August 23.
The approximate average price for the issue was 98.330% with the lowest accepted price being 98.261%.
This is issue No. 1980 (ISIN BH000B891240) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Source: Bahrain News Agency