The Central Bank of Bahrain (CBB) announces that this week’s BD45m issue of Government Treasury Bills has been oversubscribed by 318%.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.
The issue date of the bills is 19th February 2014 and the maturity date is 21ST May 2014.
The weighted average rate of interest is 0.77%, compared to 0.80%, for the previous issue on 12th February 2014.
The approximate average price for the issue was 99.805% with the lowest accepted price being 99.803%.
This is issue No.1483 (ISIN BH0008896852) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.130bn.
For more information:
Central Bank of Bahrain (CBB)
External Communications Unit
Tel: +973 17547357/17547360
Atique Naqvi, Dubai
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