Manama: The Central Bank of Bahrain (CBB) has announced that its BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 179%.
According to Bahrain News Agency, the bills, which have a maturity of 182 days, are issued by the CBB on behalf of the Kingdom of Bahrain. The issue date for these bills is July 27, with a maturity date set for January 25, 2026.
The weighted average rate of interest for the current issue stands at 5.42%, showing a slight increase from the 5.36% rate in the previous issue on June 22. The approximate average price for the issue was recorded at 97.333%, while the lowest accepted price was 97.323%.
This issuance is recognized as issue No. 2079 (ISIN BH000H751JI2) of the Government Treasury Bills. With this latest issue, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.