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CBB Treasury Bills oversubscribed
- Bahrain: Tuesday, October 07 - 2008 at 14:25
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that this week's BD15m issues of Government Treasury Bills has been oversubscribed by 200%.
The issue date of the bills is 8 October 2008 and the maturity date is 7 January 2009.
The weighted average rate of interest is 2.69 % compare with 2.58%, for the previous issue on 24 September 2008.
The approximate average price for the issue was 99.326% with the lowest accepted price being 99.260%.
This is issue No.1202 (ISIN BH000A0UDHJ3) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD180m.
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Posted by Eman Hassan
