Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 149%. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain. The issue date for these bills is August 19, and they are set to mature on November 18.
According to Bahrain News Agency, the weighted average rate of interest for this issue is 5.30%, slightly higher than the 5.29% of the previous issue on August 5. The approximate average price for this week's issuance was 98.678%, with the lowest accepted price recorded at 98.628%.
This issuance is identified as No.2134 with the ISIN code BH00012239X2. With this new issue, the total outstanding value of Government Treasury Bills reaches BD 2.110 billion.