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CBB's monthly issue of treasury bills oversubscribed
- Bahrain: Wednesday, May 20 - 2009 at 15:22
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that the BD5m monthly issue of Government Treasury Bills has been oversubscribed by 400%.
The issue date of the bills is 24th May 2009 and the maturity date is 22nd November 2009. The weighted average rate of interest is 1.09%, compared with 1.41% for the previous issue on 12th April 2009.
The approximate average price for the issue was 99.453%, with the lowest accepted price being 99.447%. This is issue No. 1235 (ISIN BH000A0T9Z24 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD325m.
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Notes and media contacts
For more information, please contact:External Communications Unit
Central Bank of Bahrain (CBB)
Tel: +973 17547370/17547360
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Posted by Rana Mesbah
