Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 101%. The bills, which have a maturity period 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 29, with a maturity date set for January 28, 2026. The weighted average rate of interest for this issue is 5.18%, showing an increase from the 5.03% interest rate of the previous issue on October 22.
The approximate average price for the current issue was recorded at 98.708%, while the lowest accepted price stood at 98.666%. This issuance is identified as issue No.2092, with ISIN BH0007044728, of Government Treasury Bills. The total outstanding value of Government Treasury Bills now amounts to BD 2.110 billion.