Manama: This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 115%. 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 September 18, and the maturity date is September 17, 2026. The weighted average rate of interest for this issue stands at 4.96%, which is a slight decrease from the 5.04% rate of the previous issue on August 21.
The approximate average price for the current issue was recorded at 95.224%, with the lowest accepted price being 95.020%. This marks issue No. 132 (ISIN BH000GAS6485) of Government Treasury Bills. With this latest issue, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.