Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 143%. The bills, which carry 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. The issue date for these bills is December 31, with a maturity date set for April 1, 2026.
According to Bahrain News Agency, the weighted average rate of interest for this issue is 4.84%, which matches the rate from the prior issue on December 24. The approximate average price for the issue was recorded at 98.791%, with the lowest accepted price being slightly lower at 98.770%.
This issuance is identified as issue No.2102 (ISIN BH00029643O5) of Government Treasury Bills. With the release of this issue, the total outstanding value of Government Treasury Bills now stands at BD 2.110 billion.