Central Bank of Bahrain's monthly issue of treasury bills oversubscribed
- Bahrain: Wednesday, October 03 - 2012 at 15:27
- PRESS RELEASE
Central Bank of Bahrain (CBB) announces that the BD30m monthly issue of Government Treasury Bills has been oversubscribed by 417%.
The issue date of the bills is 07th October 2012 and the maturity date is 07th April 2013.
The weighted average rate of interest is 1.19%, compared with 1.33%for the previous issue on 09th September 2012.
The approximate average price for the issue was 99.400%, with the lowest accepted price being 99.397%.
This is issue No.1411 (ISIN BH0005592736 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930m.
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