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CBB Treasury Bills oversubscribed

: Monday, July 07 - 2014 @ 14:28

The Central Bank of Bahrain (CBB) announces that this week’s BD45 million issue of Government Treasury Bills has been oversubscribed by 170%.

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 9th July 2014 and the maturity date is 8th October 2014.

The weighted average rate of interest is 0.66%, compared to 0.67%, for the previous issue on 2nd July 2014.

The approximate average price for the issue was 99.832% with the lowest accepted price being 99.831%.

This is issue No.1503 (ISIN BH000UZ142V9) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.230 billion.

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Monday, July 7- 2014 @ 14:28 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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