Manama, This week's BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%, the Central Bank of Bahrain (CBB) said.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of Bahrain's government.
The issue date of the bills is February 29, 2020 and the maturity date is May 27, 2020.
The weighted average rate of interest is 2.49% compared to 2.50% for the previous issue on February 12, 2020.
The approximate average price for the issue was 99.374% with the lowest accepted price being 99.370%.
This is issue No. 1796 (ISIN BH0004K85374) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.
Source: Bahrain News Agency