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Feb 06 2012

CBB Treasury Bills Oversubscribed

Manama, Bahrain - 06 February 2012 - The Central Bank of Bahrain (CBB) announces that this week's BD35 million issues of Government Treasury Bills has been oversubscribed by 180%.

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

The issue date of the bills is 8 February 2012 and the maturity date is 9 May 2012.

The weighted average rate of interest is 1.24% compare with 1.25%, for the previous issue on 1 February 2012.

The approximate average price for the issue was 99.688% with the lowest accepted price being 99.688%.

This is issue No.1376 (ISIN BH0009508191) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD880 million.

© Press Release 2012

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