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Economy

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Central Bank of Bahrain treasury bills oversubscribed by 109%

Central Bank of Bahrain.
By TRENDS Desk
June 27, 2023 7:43 pm
  • The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain
  • The weighted average rate of interest is 6.15 percent compared to 6.11 percent in the previous issue on June 21

Manama, Bahrain – This week’s BD 70 million issue of Treasury Bills of Government of Bahrain have been oversubscribed by 109 percent. 

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain. 

The issue date of the bills is June 28 and the maturity date is September 27.

The weighted average rate of interest is 6.15 percent compared to 6.11 percent in the previous issue on June 21.

The approximate average price for the issue was 98.469 percent with the lowest accepted price being 98.384 percent.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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