Bahrain-Mubasher: The Central Bank of Bahrain (CBB) said this week's BHD 70 million issue of treasury bills has been oversubscribed by 110%.

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the government.

The issue date of the bills is 8 April 2015, and the maturity date is 8 July 2015.

The weighted average rate of interest is 0.92%, compared to 0.86% for the previous issue on 1 April 2015.

The approximate average price for the issue was 99.767%, with the lowest accepted price being 99.760%.