Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 152%. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain. The issue date of the bills is August 6, and the maturity date is November 5.
According to Bahrain News Agency, the weighted average rate of interest is 5.39% compared to 5.56% of the previous issue on July 30. The approximate average price for the issue was 98.655% with the lowest accepted price being 98.652%.
This is issue No.2081 (ISIN BH000P1G0667) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.