Manama: Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 187%. The bills, carrying a maturity of 182 days, are issued by the Central Bank of Bahrain, on behalf of the Kingdom of Bahrain. The issue date of the bills is June 21, and the maturity date is December 20.
According to Bahrain News Agency, the weighted average rate of interest is 5.37%, equivalent to the previous issue on May 24. The approximate average price for the issue was 97.359%, with the lowest accepted price being 97.343%.
This is issue No. 2126 (ISIN BH00083369Q5) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.