Manama: The Central Bank of Bahrain (CBB) announced that the BD 35 million monthly issue of Government Treasury Bills has been fully subscribed by 100%. The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is May 3, and the maturity date is November 1.
According to Bahrain News Agency, the weighted average rate of interest is 5.29% compared to 5.24% for the previous issue on March 22. The approximate average price for the issue was 97.397%, with the lowest accepted price being 97.295%.
This is issue No. 2119 (ISIN BH0009S46022) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.