Manama, Bahrain – 21^st August 2024 – Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 254%.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 25^th August 2024, and the maturity date is 23^rd February 2025.

The weighted average rate of interest is 5.94% compared to 6.29% of the previous issue on 28^th July 2024.

The approximate average price for the issue was 97.086%, with the lowest accepted price being 97.033%.

This is issue No. 2031 (ISIN BH0001I87016) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.