CBB

CBB treasury bills oversubscribed

: Monday, August 11 - 2014 @ 15:08

The Central Bank of Bahrain (CBB) announces that this week’s BD 45 million issue of Government Treasury Bills has been oversubscribed by 129%.

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 13th August 2014 and the maturity date is 12th November 2014.

The weighted average rate of interest is 0.66%, compared to 0.65%, for the previous issue on 06th August 2014.

The approximate average price for the issue was 99.833% with the lowest accepted price being 99.832%.

This is issue No. 1508 (ISIN BH00061X5296) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.

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

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Monday, August 11- 2014 @ 15:08 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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