Central Bank Of Bahrain Treasury Bills Oversubscribed

The Central Bank of Bahrain (CBB) announces that this week’s BD35m issue of Government Treasury Bills has been oversubscribed by 255%.

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 19th September 2012 and the maturity date is 19th December 2012.

The weighted average rate of interest is 1.19%, compared with 1.20% for the previous issue on 12th September 2012.

The approximate average price for the issue was 99.700% with the lowest accepted price being 99.698%.

This is issue No.1409 (ISIN BH000X5T8K65) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930m.

Ameinfo