Manama, This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 181%. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain. The issue date of the bills is May 1 and the maturity date is July 31. The weighted average rate of interest is 5.93% compared to 5.95% in the previous issue on April 24. The approximate average price for the issue was 98.524% with the lowest accepted price being 98.518%. This is issue No. 2014 (ISIN BH00022V33A7) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion. Source: Bahrain News Agency
Related Posts
Oil Prices Inch Up on Fed Rate Cut Outlook
Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.
Brent crude futures for November were up 15 cent…
Oil Prices Rise Slightly in Asian Trading Despite Weak Demand
Oil prices recovered in Asian trading on Wednesday on heightened Middle East tensions, but gains were capped by weak demand.
Brent crude futures rose 17 cents, or 0.16 percent, to USD 76.60 a barrel.
US West Texas Intermediate (WTI) crude rose 17 ce…
S. Korea’s Consumer Inflation Slows to 3 1/2-Year Low of 1.6 pct in September
South Korea’s consumer prices slowed to the lowest level in 3 1/2 years in September, falling below 2 percent for the first time since early 2021, data showed Wednesday.
Consumer prices, a key gauge of inflation, rose 1.6 percent on-year last month, …