Manama, April 18 /BNA/: This week’s issuance of government treasury bills, amounting to BD 100 million, has been oversubscribed by 215%.
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 bond issue date is April 20 and the maturity date is April 18, 2024.
The weighted average interest rate was 6.13% compared to 6.17% for the previous issue dated March 23rd.
The approximate average issue price was 94.165% with the lowest acceptable price being 94.119%.
This is Issue 103 (ISIN BH00075I4U77) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.