This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 215%.The bills, carrying a maturity of 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.The issue date of the bills...
This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 215%.
The bills, carrying a maturity of 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.
The issue date of the bills is April 20 and the maturity date is April 18, 2024.
The weighted average rate of interest is 6.13% compared to 6.17% of the previous issue on March 23.
The approximate average price for the issue was 94.165% with the lowest accepted price being 94.119%.
This is issue No. 103 (ISIN BH00075I4U77) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.010 billion.
Source: Bahrain News Agency