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CBB’s Monthly issue of treasury bills oversubscribed

: Wednesday, June 04 - 2014 @ 13:50

4th June 2014 Central Bank of Bahrain (CBB) announces that the BD30 million monthly issue of Government Treasury Bills has been oversubscribed by 273%.

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 8th June 2014 and the maturity date is 7th December 2014.

The weighted average rate of interest is 0.79%, compared with 0.80% for the previous issue on 18th May 2014.

The approximate average price for the issue was 99.601%, with the lowest accepted price being 99.597%.

This is issue No.1498 (ISIN BH00012NA7D6 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.230 billion.

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

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Wednesday, June 4- 2014 @ 13:50 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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