Manama, Feb. 22 (BNA): The Central Bank of Bahrain announced that the monthly issuance of government treasury bills, amounting to BD35 million, was oversubscribed by 260%.
Bills of exchange due within 182 days are issued by the Central Bank of Bahrain on behalf of the Kingdom of Bahrain.
The bond issue date is February 26th and the maturity date is August 27th.
The Central Bank of Bahrain said the weighted average interest rate of 6.13% is equivalent to the previous issue on January 29.
The approximate average issue price was 96.993%, and the lowest acceptable price was 96.960%.
This is Issue Number 1953 (ISIN BH0001775681) of Government Treasury Bills. Thus, the total outstanding value of government treasury bills amounted to 2.010 billion Bahraini dinars.
ZHB