Coverage of government treasury bill issues – 12 months

2024-01-16 12:24:10

Manama ,the two seas: The Central Bank of Bahrain announced that Issue No. 112 (ISIN BH0008097501) of the monthly government treasury bills issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain has been covered.

The value of this issue is 100 million Bahraini dinars for a maturity period of 12 months starting on January 18, 2024 and ending on January 16, 2025. The average interest rate on these notes was 6.02% compared to the interest rate of 6.29% for the previous issue dated December 21, 2023.

The average discount price reached 94.266%, and the lowest participation price was accepted at 94.190%, noting that the issue was covered by 261%.

The outstanding balance of treasury bills with this issuance amounted to 2.110 billion Bahraini dinars.

#Government data

-I finish-

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