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CBB Treasury Bills oversubscribed

: Monday, May 05 - 2014 @ 13:58

The Central Bank of Bahrain (CBB) announces that this week’s BD45m issue of Government Treasury Bills has been oversubscribed by 241%.

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 07th May 2014 and the maturity date is 06th August 2014.

The weighted average rate of interest is 0.69%, compared to 0.70%, for the previous issue on 30th April 2014.

The approximate average price for the issue was 99.826% with the lowest accepted price being 99.820%.

This is issue No.1493 (ISIN BH0006Y53287) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.180bn.

For more information please contact:
Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +97317547357/17547360

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Monday, May 5- 2014 @ 13:58 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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