Bahrain’s M3, the broadest measure of money supply, grew 1.9% m/m to BHD 11.22bn ( USD 29.8bn ) in September, edging down from a 2% m/m rise in August, the central bank said in a monthly statistical bulletin on its website. M3, which increased for the fourth straight month, was lifted by a 12% m/m growth in general government deposits, including central government and social insurance system, to BHD 2.15bn . M2 shrank 0.2% m/m to BHD 9.09bn due to a 2.2% m/m contraction in private-sector demand deposits to BHD 2.39bn outpacing the 0.5% m/m growth in private-sector time and savings deposits. On annual basis, M3 expanded 8.9% y/y in September driven primarily by rising private-sector time and savings deposits and general government deposits, up 9.8% y/y and 16.1% y/y, respectively.