Manama, May 24 (BNA): The Central Bank of Bahrain announced that the monthly issuance of government treasury bills, amounting to BD 35 million, was oversubscribed by 237%.
Bills of exchange due within 182 days are issued by the Central Bank of Bahrain on behalf of Bahrain.
The date of issuance of the bills of exchange is May 28th and the maturity date is November 26th.
The weighted average interest rate is 6.07% versus 6.10% for the previous issue on May 7.
The approximate average issue price was 97.021%, and the lowest acceptable price was 97.008%.
This is Issue Number 1966 (ISIN BH00012G3474) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.110 billion Bahraini dinars.