Manama, December 5 /BNA/: The subscription in this week’s issue of government treasury bills, amounting to BD 70 million, was oversubscribed by 134%.
Bills maturing within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.
The bond issue date is December 7 and the maturity date is March 8, 2023.
The weighted average interest rate was 5.60% compared to 5.47% for the previous issue on November 30.
The approximate average issue price was 98.603% with the lowest acceptable price being 98.510%.
This is Issue Number 1942 (BH0007608464) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
FKN