Accra:The Central Bank of Bahrain's recent BD 70 million issue of Government Treasury Bills has been oversubscribed by 121%. These bills, with a maturity period of 91 days, are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
According to Bahrain News Agency, the bills were issued on October 21 and are set to mature on January 20, 2027. The weighted average rate of interest for this issue stands at 5.54%, slightly up from the previous issue's rate of 5.49% on October 14.
The approximate average price for this week's issue was 98.618%, with the lowest accepted price recorded at 98.592%. This marks issue No.2143 (ISIN BH0002LTZY23) of the Government Treasury Bills, bringing the total outstanding value to BD 2.110 billion.