Manama: This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 250%. The bills, carrying a maturity of 12 months, are issued by the CBB on behalf of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date of the bills is August 21, and the maturity date is August 20, 2026. The weighted average rate of interest stands at 5.04%, showing a decrease from the 5.39% rate of the previous issue on July 17.
The approximate average price for this issue was 95.150%, with the lowest accepted price matching this figure. This is issue No. 131 (ISIN BH0009L50771) of Government Treasury Bills. The total outstanding value of Government Treasury Bills now amounts to BD 2.110 billion.