The Central Bank of Bahrain’s (CBB) BD70 million issue of Government Treasury Bills this week has been oversubscribed by 177 per cent.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the government of Bahrain.
The issue date of the bills is tomorrow, and the maturity date is March 25, 2026.
The weighted average rate of interest is 4.84pc compared with 4.91 to the previous issue on December 17.
The approximate average price for the issue was 98.791pc with the lowest accepted price being 98.791pc.
This is issue number 2101 (ISIN BH0004CQ9C34) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD2.110 billion.
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