CBB 12 Month Treasury Bills Issue No.21 oversubscribed
The Central Bank of Bahrain (CBB) announces that this quarter’s BD150 million issues of Government Treasury Bills has been oversubscribed by 300%
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 5 June, 2014 and the maturity date is 4 June, 2015.
The weighted average rate of interest is 1.14 % compare with 1.25 %, for the previous issue on 6 March 2014.
The approximate average price for the issue was 98.863% with the lowest accepted price being 98.762%.
This is issue No.21 (ISIN BH00079B65T1) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.
Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +973 17547357/17547360