Manama, January 16 /BNA/: This week’s issuance of government treasury bills, amounting to BD 70 million, was oversubscribed by 151%.
Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.
The bond issue date is January 18, 2023 and the maturity date is April 19.
The weighted average interest rate was 5.88% vs. 5.72% for the previous issue on January 4th.
The approximate average issue price was 98.536% with the lowest acceptable price being 98.457%.
This is Issue 1947 (BH00092L9857) of Government Treasury Bills.
Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
Rial