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Blog entry by FintEdu Admin

Bahrain’s $186 Million Treasury Bills Attract 129% Oversubscription

Bahrain, 24 December, 2024 : Bahrain’s latest treasury bills, valued at BD 70 million ($186.2 million), were oversubscribed by 129%. Issued by the Central Bank of Bahrain with a three-month maturity, the bills carry a weighted average interest rate of 5.68%, slightly lower than the previous offering’s 5.83%.

The bills will mature on March 26, 2025, with an average price of 98.586% and the lowest accepted price at 98.544%. This strong demand reflects continued investor interest in Bahrain’s short-term government securities.

Source : www.zawya.com

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