Mubasher: The Central Bank of Bahrain (CBB) issued treasury bills (T-bills) worth BHD 70 million ($185.71 million) on Monday.
The 91-day T-bills mature on 10 April at a yield of 4.24%, against 4.25% for the previous issue on 2 January, according to the CBB’s statement.
The approximate average price for the issue was 98.939%, while the lowest accepted price stood at 98.918% and the T-bills were oversubscribed by 106%.
The total outstanding value of T-bills amounted to BHD 2.110 billion.
