Manama, Jan. 16 (BNA): This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 261%.
The bills, carrying maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is January 18 and the maturity date is January 16, 2025.
The weighted average rate of interest is 6.02% compared to 6.29 for the previous issue on December 2, 2023.
The approximate average price for the issue was 94.266% with the lowest accepted price being 94.190%.
This is issue No. 112 (ISIN BH0008097501) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
ZH
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