CBB Treasury Bills Oversubscribed
Manama, Bahrain - 30 July 2012 - The Central Bank of Bahrain (CBB) announces that this week's BD 35 million issue of Government Treasury Bills has been oversubscribed by 127%.
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 1 August 2012 and the maturity date is 31 October 2012.
The weighted average rate of interest is 1.23% compared with 1.15%, for the previous issue on 18 July 2012.
The approximate average price for the issue was 99.690% with the lowest accepted price being 99.685%.
This is issue No. 1401 (ISIN BH0007617028) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 930 million.