CBB's Monthly Issue Of Treasury Bills Oversubscribed
Manama, Bahrain - 04 July 2012 - The Central Bank of Bahrain (CBB) announces that the BD30 million monthly issue of Government Treasury Bills has been oversubscribed by 133%.
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 08th July 2012 and the maturity date is 06th January 2013.
The weighted average rate of interest is 1.25%, compared with 1.29% for the previous issue on 10th June 2012.
The approximate average price for the issue was 99.372%, with the lowest accepted price being 99.372%.
This is issue No. 1398 (ISIN BH00074O1V62) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930 million.