Manama, July 29 (BNA): Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 110%.
The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the government of Bahrain.
The issue date of the bills is August 2 and the maturity date is January 31, 2021.
The weighted average rate of interest is 2.50% compared to 2.58% of the previous issue on June 28.
The approximate average price for the issue was 98.750%, with the lowest accepted price being 98.727%.
This is issue No. 1819 (ISIN BH0001400827) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.