CBBs Monthly Issue of Treasury Bills Subscribed
Manama, Bahrain – 28th December 2016 - Central Bank of Bahrain (CBB) announces that the BD 35 million monthly issue of Government Treasury Bills has been subscribed by 117%.
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 1st January 2017 and the maturity date is 2nd July 2017.
The weighted average rate of interest is 2.32%, compared to 2.27% for the previous issue on 4th December 2016.
The approximate average price for the issue was 98.842%, with the lowest accepted price being 98.842%.
This is issue No. 1632 (ISIN BH0001832110 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.785 billion.