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CBB Treasury Bills Oversubscribed by 144%

CBB Treasury Bills Oversubscribed by 144%

The Central Bank of Bahrain (CBB) announced that this week's BHD45 million issue of Government Treasury Bills has been oversubscribed by 144%.

 

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 7 January 2015 and the maturity date is 8 April 2015.

 

The weighted average rate of interest is 0.70%, equivalent to 0.70%, for the previous issue on 17 December 2014.

 

The approximate average price for the issue was 99.823% with the lowest accepted price being 99.823%.

 

This is issue No. 1529 (ISIN BH000W8GS730) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BHD1.230 billion.