Manama, July 27 (BNA): This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 123%.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.
The issue date of the bills is August 2 and the maturity date is November 1.
The weighted average rate of interest is 6.14% compared to 6.05% of the previous issue on July 26.
The approximate average price for the issue was 98.471% with the lowest accepted price being 98.384%.
This is issue No. 1976 (ISIN BH0009O146P9) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
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