CBB treasury bills oversubscribed
- Bahrain: Tuesday, March 12 - 2013 at 12:49
- PRESS RELEASE
The Central Bank of Bahrain (CBB) announces that this week's BD35m issue of Government Treasury Bills has been oversubscribed by 154%.
The issue date of the bills is 13th March 2013 and the maturity date is 12th June 2013.
The weighted average rate of interest is 0.80%, compared with 0.82% for the previous issue on 6th March 2013.
The approximate average price for the issue was 99.798% with the lowest accepted price being 99.798%.
This is issue No.1434 (ISIN BH00064X85E7) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930m.
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