This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 270%.
The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.
The issue date of the bills is October 4 and the maturity date is January 3, 2024.
The weighted average rate of interest is 6.49% compared to 6.51% of the previous issue on September 27.
The approximate average price for the issue was 98.387% with the lowest accepted price being 98.383%.
This is issue No. 1985 (ISIN BH0001191D94) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Source: Bahrain News Agency