Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 106%.
The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.
The issue date of the bills is December 8 and the maturity date is March 9, 2022.
The weighted average rate of interest is 1.46% compared to 1.48% of the previous issue on December 1.
The approximate average price for the issue was 99.63142% with the lowest accepted price being 99.609%.
This is issue No. 1890 (ISIN BH000O7905A0) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Source: Bahrain News Agency