CBB Treasury Bills Fully Subscribed
The Central Bank of Bahrain (CBB) announces that this week’s BD70 million issue of Government Treasury Bills has been fully subscribed by 100%.
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 28th October 2015 and the maturity date is 27th January 2016.
The weighted average rate of interest is 1.58%, compared to 1.48% for the previous issue on 14th October 2015.
The approximate average price for the issue was 99.601% with the lowest accepted price being 99.580%.
This is issue No.1570 (ISIN BH0004T9K034) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.660 billion.