Manama: The Central Bank of Bahrain (CBB) has announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 103%. The bills, which carry a maturity period of 182 days, are issued by the CBB on behalf of the Kingdom of Bahrain.
According to Bahrain News Agency, the issue date for these treasury bills is set for November 2, with a maturity date on May 3, 2026. The weighted average rate of interest for this issue stands at 5.25%, a slight increase from the 5.20% rate of the previous issue on September 21. The approximate average price for this recent issue was recorded at 97.415%, with the lowest accepted price being 97.390%.
This marks issue No. 2093 (ISIN BH0005Z26951) of Government Treasury Bills. With the completion of this issuance, the total outstanding value of Government Treasury Bills now amounts to BD 2.110 billion.