Manama, July 17 (BNA): The Bahraini Dinars 70 million government treasury bond issue was oversubscribed this week by 146%.
Bills of exchange due within 91 days are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.
The date of issuance of the bills of exchange is July 19th and the maturity date is October 18th.
The weighted average interest rate was 6.07% compared to 6.14% for the previous release on July 5.
The approximate average issue price was 98.489% with the lowest acceptable price being 98.481%.
This is Issue Number 1973 (ISIN BH000X5G7050)) of the Government Treasury Bill. Thus, the total outstanding value of government treasury bills amounted to 2.110 billion Bahraini dinars.
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