Complex Made Simple

CBB treasury bills over subscribed

The issue date of the bills is 11th November 2015 and the maturity date is 10th February 2016.

The Central Bank of Bahrain (CBB) announces that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 106%.

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 11th November 2015 and the maturity date is 10th February 2016.

The weighted average rate of interest is 1.54%, compared to 1.50% for the previous issue on 4th November 2015.

The approximate average price for the issue was 99.613% with the lowest accepted price being 99.583%.

This is issue No. 1572 (ISIN BH0002878724) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.660 billion.