Government Treasury Bills issue 47 fully subscribed

The Central Bank of Bahrain (CBB) announced that this month's BD 100 million issue of Government Treasury Bills has been fully subscribed by 100%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 26th July, 2018 and the maturity date is 25th July, 2019.

The weighted average rate of interest is 4.56% compared to 4.39%, for the previous issue on 28th June, 2018.

The approximate average price for the issue was 95.591% with the lowest accepted price being 95.450%.

This is issue No.: 47 (ISIN BH0007596891) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

Source: Bahrain News Agency