Bahrain’s Govt. T-Bills Oversubscribed By 169%

The Central Bank of Bahrain (CBB) announces that this week’s BD35 million issue of Government Treasury Bills has been oversubscribed by 169%.

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 6 June 2012 and the maturity date is 5 September 2012.

The weighted average rate of interest is 1.19% compared with 1.19%, for the previous issue on 23 May 2012.
The approximate average price for the issue was 99.700% with the lowest accepted price being 99.698%.

This is issue No.1393 (ISIN BH0008946079) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930 million.

Press Release