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CBB 12 Month Treasury Bills Issue No.20 oversubscribed

: Tuesday, March 04 - 2014 @ 15:04

The Central Bank of Bahrain (CBB) announces that this quarter’s BD150 million issues of Government Treasury Bills has been oversubscribed by 216%

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 6 March, 2014 and the maturity date is 5 March, 2015.

The weighted average rate of interest is 1.25 % compare with 1.41 %, for the previous issue on 5 December 2013.

The approximate average price for the issue was 98.747% with the lowest accepted price being 98.663%.

This is issue No.20 (ISIN BH0005051824) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.180bn.

Contact:
Central Bank of Bahrain (CBB)
External Communications Unit
Tel: +973 17547357/17547360

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Tuesday, March 4- 2014 @ 15:04 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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