Manama, Jan. 30 /BNA/: This week’s issuance of government treasury bills amounting to BD 70 million was oversubscribed by 193%.
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 billing date is February 1 and the due date is May 3.
The weighted average interest rate was 5.83% vs. 5.84% for the previous issue on January 25th.
The approximate average issue price was 98.549% with the lowest acceptable price being 98.540%.
This is Issue 1950 (BH0004785802) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
ZHB