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CBB 12 month Treasury Bills Issue No.22 oversubscribed

: Tuesday, September 02 - 2014 @ 16:41

The Central Bank of Bahrain (CBB) announces that this quarter’s BD150m issues of Government Treasury Bills has been oversubscribed by 342.5%.

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 4 September, 2014 and the maturity date is 3 September, 2015.

The weighted average rate of interest is 1.03% compare with 1.14%, for the previous issue on 5 June, 2014.

The approximate average price for the issue was 98.971% with the lowest accepted price being 98.852%.

This is issue No.22 (ISIN BH00043483B5) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.230bn.

For more info please contact:
Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +97317547370/ 17547360
E-mail: [email protected]

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Tuesday, September 2- 2014 @ 16:41 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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