Manama, February 21 (BNA): This week’s issuance of government treasury bills worth 100 million Bahraini dinars was oversubscribed by 253%.
The bills of exchange, which are due within 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.
The date of issuance of the bills of exchange is 23 February and the due date is 22 February 2024.
The weighted average interest rate was 6.31% compared to 6.26% for the previous issue on January 19th.
The approximate average issue price was 94.007% with the lowest acceptable price being 93.922%.
This is Issue Number 101 (ISIN BH0002862496) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
ZHB