CBB 12 Month Treasury Bills Issue No.20 oversubscribed
The Central Bank of Bahrain (CBB) announces that this quarter’s BD150 million issues of Government Treasury Bills has been oversubscribed by 216%
The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is 6 March, 2014 and the maturity date is 5 March, 2015.
The weighted average rate of interest is 1.25 % compare with 1.41 %, for the previous issue on 5 December 2013.
The approximate average price for the issue was 98.747% with the lowest accepted price being 98.663%.
This is issue No.20 (ISIN BH0005051824) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.180bn.
Central Bank of Bahrain (CBB)
External Communications Unit
Tel: +973 17547357/17547360