Amman: This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 101%. 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 July 16, and the maturity date is July 15, 2027.
According to Bahrain News Agency, the weighted average rate of interest is 5.52% compared to 5.34% of the previous issue on June 18. The approximate average price for the issue was 94.717%, with the lowest accepted price being 94.595%.
This is issue No. 142 (ISIN BH0005U247C9) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.