12 Month Treasury Bills Issue No.16 Oversubscribed
Manama, Bahrain - 05 March 2013 - The Central Bank of Bahrain (CBB) announces that this quarter's BD 100 million issues of Government Treasury Bills has been oversubscribed by 337%.
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 07 March, 2013 and the maturity date is 06 March, 2014.
The weighted average rate of interest is 1.30 % compare with 1.47%, for the previous issue on 06 December 2012.
The approximate average price for the issue was 98.705% with the lowest accepted price being 98.703%.
This is issue No.16 (ISIN BH000529G583) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 930 million.