Manama, June 6 (BNA): The subscription in this week’s issue of government treasury bills worth 70 million Bahraini dinars was covered by 101%.
Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.
The date of issue of the bills of exchange is June 8 and the due date is September 7.
The weighted average interest rate was 2.96%, compared to 2.83% for the previous issue on June 1.
The approximate average issue price was 99.257% with the lowest acceptable price 99.182%.
This is Issue No. 1916 (BH000334T482) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD 2.010 billion.
HF