Manama: This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 186%. 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. The issue date of these bills is set for January 21, with a maturity date of April 22.
According to Bahrain News Agency, the weighted average rate of interest for this issuance stands at 4.80%, a slight decrease from the previous issue's rate of 4.82% on January 14. The approximate average price for the current issue is 98.800%, with the lowest accepted price marked at 98.794%.
This issuance is listed as No.2104, identified by ISIN BH0007A8O7M8, of the Government Treasury Bills. With the addition of this issue, the total outstanding value of Government Treasury Bills has reached BD 2.110 billion.