Manama:This week's issuance of BD 100 million in Government Treasury Bills by the Central Bank of Bahrain (CBB) has been oversubscribed by 100.9%. These bills, which carry a 12-month maturity, are issued on behalf of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date for these treasury bills is October 15, with a maturity date set for October 14, 2027. The weighted average rate of interest for this issuance stands at 6.11%, showing an increase from the previous issue's rate of 5.69% on September 17.
The average price for the latest issue was approximately 94.178%, with the lowest accepted price recorded at 93.877%. This marks the 145th issue of Government Treasury Bills, identified by ISIN BH0005076813. Following this issuance, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.