Manama, This week's BD 100 million issue of Government Treasury Bills has been oversubscribed by 248%. The bills, carrying maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is August 22, and the maturity date is August 21, 2025. The weighted average rate of interest is 5.75% compared to 6.10% for the previous issue on July 18. The approximate average price for the issue was 94.508% with the lowest accepted price being 94.315%. This is issue No. 119 (ISIN BH00046X0909) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion. Source: Bahrain News Agency
Related Articles
Oman Air Joins Global Effort Against Illegal Wildlife Trade by Signing Buckingham Palace Declaration
Oman: Oman Air has officially signed the Buckingham Palace Declaration to join United for Wildlife’s Transport Taskforce, a global coalition dedicated to combating the illegal wildlife trade.
According to Oman News Agency, United for Wildlife, based…
Oman-Egypt Business Forum Champions Deeper Economic Integration and Investment
Muscat: The Oman-Egypt Business Forum, organized by the Oman Chamber of Commerce and Industry (OCCI), underscored the critical importance of capitalizing on investment opportunities in both nations.
According to Oman News Agency, the forum focused o…
Oman Ranks Among Leading Nations in Compliance with International Insurance Supervision Standards
Basel: The International Association of Insurance Supervisors (IAIS), headquartered in Basel, Switzerland, has published a detailed assessment confirming the Sultanate of Oman’s advanced regulatory and supervisory framework for the insurance sector. T…