The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is 14th December 2008 and the maturity date is 14th June 2009.
The weighted average rate of interest is 3.00%, compared with 2.70% for the previous issue on 23rd November 2008.
The approximate average price for the issue was 98.506%, with the lowest accepted price being 98.506%.
This is issue No.1213 (ISIN BH000A0UDG99 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD180m.
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CBB's monthly issue of Treasury Bills oversubscribed
- Bahrain: Saturday, December 13 - 2008 at 15:43
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that the BD5m monthly issue of Government Treasury Bills has been oversubscribed by 200%.
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Notes and media contacts
For further information, kindly contact:Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +973 17547370
Posted by Rana MesbahSaturday, December 13 - 2008 at 15:43 UAE local time (GMT+4)
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