Manama, May. 9 (Us): The subscription to the government treasury bond issue amounting to BD70 million this week was oversubscribed by 186%. The bonds have a maturity of 91 days and are issued by the Central Bank of Bahrain on behalf of the Kingdom’s government.
The date of issue of the bills is May 11, 2022 and the due date is August 10, 2022.
The weighted average interest rate was 2.30% compared to 2.19% for the previous issue on May 4, 2022.
The approximate average issue price was 99.422% with the lowest acceptable price 99.410%. This is Issue No. 1912 (BH000L438495) of Government Treasury Bills. The total outstanding value of government treasury bills reached 2.110 billion Bahraini dinars
ZHB