CBB Treasury Bills oversubscribed

Manama, Bahrain - 21^st May, 2012. The Central Bank of Bahrain (CBB) announces that this week's BD35 million issue of Government Treasury Bills has been oversubscribed by 190%.

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 23 May 2012 and the maturity date is 22 August 2012.

The weighted average rate of interest is 1.18% compared with 1.20%, for the previous issue on 16 May 2012.

The approximate average price for the issue was 99.701% with the lowest accepted price being 99.698%.

This is issue No.1392 (ISIN BH00046Y9263) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930 million.

© Press Release 2012