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CBB's monthly issue of treasury bills oversubscribed
- Bahrain: Wednesday, October 07 - 2009 at 13:43
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that the BD5m monthly issue of Government Treasury Bills has been oversubscribed by 300%. The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The weighted average rate of interest is 0.89%, compared with 0.90% for the previous issue on 13th September 2009.
The approximate average price for the issue was 99.551%, with the lowest accepted price being 99.532%.
This is issue No.1255 (ISIN BH000A0T9Z73) 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 details:Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +973 17547370/17547360
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Posted by Nadeen El Ajou
