Manama, October 19 (BNA): The subscription in this week’s issue of government treasury bills worth 100 million Bahraini dinars was covered by 110%.
Bills of exchange, maturing within 12 months, are issued by the Central Bank of Bahrain (CBB), on behalf of the Kingdom of Bahrain.
The date of issue of the bills is October 21, and the due date is October 20, 2022.
The weighted average interest rate was 1.65% compared to 1.66% for the previous issue on September 23.
The approximate average price of the issue was 98.35574% with the lowest acceptable price of 98.214%.
This is Issue No. 86 (ISIN BH0007784646) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.
HF