Manama, This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 192%.
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 bil...
Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 192%.
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 23, and the maturity date is January 22, 2025.
The weighted average rate of interest is 5.88% compared to 5.90% of the previous issue on October 16.
The approximate average price for the issue was 98.535% with the lowest accepted price being 98.532%.
This is issue No. 2039 (ISIN BH00093K7737) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion
Source: Bahrain News Agency