CBB’s monthly issue of treasury bills oversubscribed | CBB’s monthly issue of treasury bills oversubscribed -
CBB

CBB’s monthly issue of treasury bills oversubscribed

: Wednesday, April 02 - 2014 @ 13:43

Central Bank of Bahrain (CBB) announces that the BD30m monthly issue of Government Treasury Bills has been oversubscribed by 212%.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 6th April 2014 and the maturity date is 5th October 2014.

The weighted average rate of interest is 0.87%, compared with 0.95% for the previous issue on 9th March 2014.

The approximate average price for the issue was 99.564%, with the lowest accepted price being 99.555%.

This is issue No.1489 (ISIN BH0004G3P247 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.180bn.

Contact:

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

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Wednesday, April 2- 2014 @ 13:43 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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