Mubasher The Central Bank of Bahrain (CBB) said Monday that this week’s issue of government treasury bills, number 1,636, has been fully subscribed.
The bills issue worth BHD 70 million and carries a maturity of 91 days starting, starting from 1 February to 3 May, according to a statement.
The weighted average rate of interest is 2.19%, compared to 2.18% for the previous issue on 25 January; the approximate average price for the issue was 99.449%, while the lowest accepted price being 99.427%.
Thus, the total outstanding value of government treasury bills is BHD 1.785 billion.