Gulf News | The Central Bank: Covering an issuance of 70 million dinars of government treasury bills

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The Central Bank of Bahrain announced that Issuance No. 1865 of the weekly government treasury bills it issues on behalf of the Government of the Kingdom of Bahrain has been covered.

The value of the issue is BD 70 million, with a maturity period of 91 days, starting on June 23, 2021 and ending on September 22, 2021.

The interest rate on these bills is 1.55% compared to the interest rate of 1.60% for the previous issue on June 9, 2021.

The discount rate was 99.610%, and the lowest participation price was accepted at 99.605%, knowing that the issuance was covered by 179%.

The outstanding balance of treasury bills with this issue amounted to BD2.110 billion.





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