CBB’s Monthly issue of treasury bills oversubscribed

November 12, 2014 1:30 pm

Central Bank of Bahrain (CBB) announces that the BD30 million monthly issue of Government Treasury Bills has been oversubscribed by 184%.

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 16th November 2014 and the maturity date is 17th May 2015.

The weighted average rate of interest is 0.80%, equivalent to 0.80% for the previous issue on 5th October 2014.

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

This is issue No. 1521 (ISIN BH000GQ96783 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.

Central Bank of Bahrain (CBB)
External Communications Unit
Tel: +973 17547370/17547360
E-mail: media@cbb.gov.bh
Website: www.cbb.gov.bh