Manama, February 6 (BNA): This week’s issue of government treasury bills worth BD70 million was oversubscribed by 282%.
Bills maturing within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.
The date of issuance of the bills of exchange is February 8th and the maturity date is May 10th.
The weighted average interest rate was 5.80% compared to 5.83% for the previous issue on February 1.
The approximate average issue price was 98.555% with the lowest acceptable price being 98.531%.
This is Issue Number 1951 (ISIN BH00034301T2) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
FKN