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CBB Treasury Bills oversubscribed

: Saturday, December 14 - 2013 @ 10:40

The Central Bank of Bahrain (CBB) announces that this week’s BD45m issue of Government Treasury Bills has been oversubscribed by 178%.

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 18th December 2013 and the maturity date is 19th March 2014.

The weighted average rate of interest is 0.97%, compared to 0.94% for the previous issue on 11th December 2013.

The approximate average price for the issue was 99.754% with the lowest accepted price being 99.748%.

This is issue No.1474 (ISIN BH000874T529) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.130bn.

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Saturday, December 14- 2013 @ 10:40 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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