CBB Treasury Bills oversubscribed
- Bahrain: Monday, October 01 - 2012 at 15:42
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that this week's BD35 million issue of Government Treasury Bills has been oversubscribed by 306%.
The issue date of the bills is 03rd October 2012 and the maturity date is 02 January 2013.
The weighted average rate of interest is 1.09%, compared with 1.19% for the previous issue on 19th September 2012.
The approximate average price for the issue was 99.725% with the lowest accepted price being 99.703%.
This is issue No. 1410 (ISIN BH00080K9951) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930m.
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