Manama: This week's BD 100 million issue of Government Treasury Bills has been fully subscribed by 100%. The bills, carrying a maturity of 12 months, are issued by the CBB on behalf of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date of the bills is March 19, and the maturity date is March 18, 2027. The weighted average rate of interest for this issue is 5.04%, an increase from the 4.62% rate of the previous issue on February 19. The approximate average price for the issue was 95.149%, with the lowest accepted price being 94.686%.
This marks issue 138 (ISIN BH0001J63OI9) of Government Treasury Bills. With this issuance, the total outstanding value of Government Treasury Bills in Bahrain is BD 2.110 billion.