Manama, Jan. 3 (BNA): The subscription in this week’s issue of government treasury bills worth BD70 million was covered by 229%.
Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.
The bond issue date is January 5 and the maturity date is April 6.
The weighted average interest rate was 1.39% compared to 1.45% for the previous issue on December 29, 2021.
The approximate average price of the version was 99.65051% with the lowest acceptable price of 99.64200%.
This is Issue No. 1894 (ISIN BH000H734873) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD2.110 billion.
HF