Manama: The Central Bank of Bahrain (CBB) announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 193%.
According to Bahrain News Agency, 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 November 23, and the maturity date is May 24, 2026.
The weighted average rate of interest for this issue is 5.01%, compared to 5.25% for the previous issue on November 2. The approximate average price for the issue was 97.530%, with the lowest accepted price being 97.530%.
This is issue No. 2096 (ISIN BH0007970856) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.