Manama, April 18 (BNA): The subscription in this week’s issue of government treasury bills, amounting to 70 million Bahraini dinars, was covered by 223%.
The bonds, maturing within 91 days, are issued by the Central Bank of Bahrain on behalf of Bahrain government.
The date of issue of the bills of exchange is April 20 and the due date is July 20.
The weighted average interest rate was 2.03% compared to 1.99% for the previous issue on April 6.
The approximate average issue price was 99.490% with the lowest acceptable price 99.472%.
This is Issue No. 1908 (BH000R7526U5) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.
HF