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CBB treasury bills oversubscribed

: Monday, March 17 - 2014 @ 14:38

17th March 2014 The Central Bank of Bahrain (CBB) announces that this week’s BD45 million issue of Government Treasury Bills has been oversubscribed by 145%.

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 19th March 2014 and the maturity date is 18th June 2014.

The weighted average rate of interest is 0.75%, compared to 0.74%, for the previous issue on 12th March 2014.

The approximate average price for the issue was 99.812% with the lowest accepted price being 99.811%.

This is issue No.1487 (ISIN BH00025582Q4) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.180 billion.

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

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Monday, March 17- 2014 @ 14:38 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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