Manama: This week's issuance of BD 100 million in Government Treasury Bills by the Central Bank of Bahrain (CBB) has been oversubscribed by 111%. The Treasury Bills, which have a maturity period of 12 months, are issued on behalf of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date for these bills is June 18, with a maturity date set for June 17, 2027. The weighted average rate of interest for this issuance is 5.34%, showing a slight increase from the previous issue's rate of 5.29% on May 21. The average price for the current issue was approximately 94.878%, with the lowest accepted price recorded at 94.731%.
This issuance, identified as No. 141 with the ISIN BH00081145V1, contributes to the total outstanding value of Government Treasury Bills, which now stands at BD 2.110 billion.