CBB's Monthly Issue of Treasury Bills Oversubscribed
Manama, Bahrain - 06 March 2013 - The Central Bank of Bahrain (CBB) announces that the BD30 million monthly issue of Government Treasury Bills has been oversubscribed by 484%.
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 10th March 2013 and the maturity date is 08th September 2013.
The weighted average rate of interest is 0.85%, compared with 1.00%for the previous issue on 10th February 2013.
The approximate average price for the issue was 99.570%, with the lowest accepted price being 99.560%.
This is issue No.1433 (ISIN BH000553W788) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930 million.