CBB’s Treasury Bills oversubscribed by 112%

Manama, Dec. 30 — (BNA): The Central Bank of Bahrain (CBB) on Monday announced that this week’s BD45 million issue of Government Treasury Bills has been oversubscribed by 112%.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

Manama, Dec. 30 — (BNA): The Central Bank of Bahrain (CBB) on Monday announced that this week’s BD45 million issue of Government Treasury Bills has been oversubscribed by 112%.
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 31st December 2014 and the maturity date is 1st April 2015. The weighted average rate of interest is 0.70%, equivalent to 0.70%, for the previous issue on 17th December 2014.

The approximate average price for the issue was 99.823% with the lowest accepted price being 99.823%. This is issue No. 1527 (ISIN BH0003N73244) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.230 billion.

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