Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 177%. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain. The issue date of the bills is December 24, and the maturity date is March 25, 2026.
According to Bahrain News Agency, the weighted average rate of interest for this issue is 4.84%, which shows a slight decrease from the previous issue's rate of 4.91% on December 17. The approximate average price for the current issue was 98.791%, with the lowest accepted price also being 98.791%.
This marks issue No.2101 (ISIN BH0004CQ9C34) of Government Treasury Bills. With the completion of this issue, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.