Manama: This week's BD 70 million issue of Government Treasury Bills has seen significant investor interest, being oversubscribed by 113%. These bills, which carry a maturity period of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain. According to Bahrain News Agency, the issue date for these treasury bills is September 2, with a maturity date set for December 2. The weighted average rate of interest for this issue stands at 5.31%, slightly higher than the 5.28% rate from the previous issue on August 26. The approximate average price for the current issue was recorded at 98.676%, with the lowest accepted price being 98.650%. This latest issuance is identified as issue No.2137 (ISIN BH0008764126) of Government Treasury Bills. With the conclusion of this issue, the total outstanding value of Government Treasury Bills now amounts to BD 2.110 billion.
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