Manama, August 1 (BNA): The subscription in this week’s issue of government treasury bills worth 70 million Bahraini dinars was covered by 381%.
Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.
The billing date is August 3 and the due date is November 2.
The weighted average interest rate was 3.88% compared to 3.99% for the previous issue on July 27.
The approximate average price of the issue was 99.028% with the lowest acceptable price of 99.018%.
This is Issue No. 1924 (BH00072066Y4) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to BD 2.010 billion.
FKN