Manama: This week's BD 100 million issue of Government Treasury Bills has been fully subscribed with 100% coverage. The bills, carrying a maturity of 12 months, are issued by the Central Bank of Bahrain (CBB) on behalf of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date of the bills is August 20, and the maturity date is August 19, 2027. The weighted average rate of interest for this issue is 5.48%, which shows a slight decrease compared to the previous issue on July 16, where the rate stood at 5.52%.
The approximate average price for the issue was calculated at 94.749%, with the lowest accepted price recorded at 94.641%. This is issue No. 143, marked with the ISIN BH0007316571, of Government Treasury Bills. With the issuance of this series, the total outstanding value of Government Treasury Bills reaches BD 2.110 billion.