Manama, Mar. 22 (BNA): The Central Bank of Bahrain announced that the monthly issuance of government treasury bills, amounting to BD35 million, was oversubscribed by 162%.
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 warrants is March 26th and the due date is September 24th.
The weighted average interest rate was 5.99% compared to 6.13% for the previous issue on February 26.
The approximate average issue price was 97.058%, and the lowest acceptable price was 97.008%.
This is Issue Number 1957 (ISIN BH0002211470) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
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