Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 108%. The bills, carrying 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 set for December 3, with a maturity date of March 4, 2026. The weighted average rate of interest for this issue is 4.90%, a slight decrease from the previous rate of 4.96% on November 26.
The approximate average price for the current issue was recorded at 98.776%, with the lowest accepted price being 98.752%. This issue is labeled as No.2098 (ISIN BH000H631848) of Government Treasury Bills. With this recent issuance, the total outstanding value of Government Treasury Bills now stands at BD 2.110 billion.