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Central Bank of Bahrain treasury bills oversubscribed

The Central Bank of Bahrain (CBB) announces that this week's BD25m issues of Government Treasury Bills has been oversubscribed by 161.6%

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 25 November 2009 and the maturity date is 24 February 2010. The weighted average rate of interest is 0.99% compare with 0.94%, for the previous issue on 18 November 2009.

The approximate average price for the issue was 99.750% with the lowest accepted price being 99.748%.

This is issue No. 1262 (ISIN BH000A0T9ZU8) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD370m.
 
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