Is this a known bug?

sage: a = RealField(200)(8.987551787368175506591796875e9)
sage: a
8.9875517873681755065917968750000000000000000000000000000000e9
sage: var('y')
y
sage: b = (a * x).mul(y, hold=True)
sage: b
(8.9875517873681755065917968750000000000000000000000000000000e9*x)*y
sage: c = (b / (x * y)).simplify()
sage: c
8987551787.37
sage: RealField(200)(c)
8.9875517873681697845458984375000000000000000000000000000000e9

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