Manama, March 21 /BNA/: This week’s issuance of government treasury bills, amounting to 100 million Bahraini dinars, was oversubscribed by 184%.
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 permits is March 23 and the due date is March 21, 2024.
The weighted average interest rate was 6.17% compared to 6.31% for the previous issue dated February 23rd.
The approximate average issue price was 94.126% with the lowest acceptable price being 94.056%.
This is Issue 102 (ISIN BH0004Q13F77) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
ZHB