Central Bank of Bahrain Treasury Bills oversubscribed

June 1, 2015 4:35 pm

Central Bank of Bahrain building.

The Central Bank of Bahrain (CBB) announces that this week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 206%.

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 03rd June 2015 and the maturity date is 02nd September 2015.

The weighted average rate of interest is 1.23%, equivalent to 1.23%, for the previous issue on 20th May 2015.

The approximate average price for the issue was 99.690% with the lowest accepted price being 99.685%.

This is issue No. 1549 (ISIN BH00018141X4) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.545 billion.

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By AMEinfo Staff

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