The Central Bank of Bahrain (CBB) said Monday that this week’s issue of $185.6 million in Government Treasury Bills has been fully subscribed by 112 percent.
The maturity date of the bills,
issued by the CBB on behalf of the kingdom of Bahrain, is June 8.
The weighted average rate of interest is 2.01 percent, up slightly from the 2 percent rate for bills issued March 2.
The lowest accepted price for the issue was 99.457 percent and the approximate average price was 99.494 percent.
The total outstanding value of Government Treasury Bills is now approximately $4.53 billion
