CBB Treasury Bills oversubscribed
- Bahrain: Monday, November 17 - 2008 at 14:20
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that this week's BD15m issues of Government Treasury Bills has been oversubscribed by 400%.
The issue date of the bills is 19 November 2008 and the maturity date is 18 February 2009.
The weighted average rate of interest is 2.91% compare with 2.96%, for the previous issue on 12 November 2008.
The approximate average price for the issue was 99.269% with the lowest accepted price being 99.265%.
This is issue No.1208 (ISIN BH000A0TSVR7) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD180m.
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External Communications Unit
Central Bank of Bahrain
Tel: +973 1754 7357
Fax: +973 1753 5904
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Posted by Siba Sami Ammari



