Manama: This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 110%. The bills, which carry a maturity of 12 months, are issued by the Central Bank of Bahrain (CBB) on behalf of the Kingdom of Bahrain. The issue date of the bills is May 21, and the maturity date is May 20, 2027.
According to Bahrain News Agency, the weighted average rate of interest for this issue is 5.29%, which shows an increase compared to the 5.12% rate of the previous issue on April 16. The approximate average price for the latest issue was 94.925%, with the lowest accepted price recorded at 94.731%.
This marks issue No. 140 (ISIN BH0009Z4T058) of Government Treasury Bills. With the completion of this issue, the total outstanding value of Government Treasury Bills stands at BD 2.110 billion.