Manama:This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 101%. The bills, which have a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date for these Treasury Bills is October 14, with a maturity date set for January 13, 2027. The weighted average rate of interest is 5.49%, mirroring the rate from the previous issue on September 30.
The approximate average price for this issue was 98.631%, with the lowest accepted price being 98.628%. This marks issue No.2142 (ISIN BH000P22M037) of Government Treasury Bills. With this issuance, the total outstanding value of Government Treasury Bills reaches BD 2.110 billion.