The Central Bank of Bahrain (CBB) said that this week’s BD70 million ($185.6 million) issue of government treasury bills has been fully subscribed by 228 per cent.
 
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the government of Bahrain, said a statement from the bank.  

The issue date of the bills is June 10 and the maturity date is September 9, it added.

The weighted average rate of interest is 1.23 per cent, equivalent to 1.23 per cent, for the previous issue on June 3.

The approximate average price for the issue was 99.691 per cent with the lowest accepted price being 99.691 per cent, it added. – TradeArabia News Service