Manama: This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 123%. The bills, which have a maturity period of 12 months, are issued by the Central Bank of Bahrain (CBB) on behalf of the Kingdom of Bahrain. The issue date is set for April 17, with a maturity date of April 16, 2026.
According to Bahrain News Agency, the weighted average rate of interest on these treasury bills is 5.03%, which shows an increase from the 4.88% rate of the previous issue on March 20. The approximate average price for this issue was recorded at 95.162%, while the lowest accepted price stood at 94.823%.
This issuance is identified as issue No. 127 (ISIN BH0002580072) of Government Treasury Bills. With this latest issuance, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.