Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 200%. The bills, with 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. These treasury bills have an issue date of January 15 and a maturity date of April 16. According to Bahrain News Agency, the weighted average rate of interest for this issue is 5.56%, which shows a decrease compared to the 5.72% rate of the previous issue on January 1. The approximate average price for the current issue was 98.615%, with the lowest accepted price being the same at 98.615%. This marks issue No.2051 (ISIN BH0008470V73) of Government Treasury Bills. With the latest issue, the total outstanding value of Government Treasury Bills now stands at BD 2.110 billion.
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