Manama, Bahrain - 30 April, 2012 - The Central Bank of Bahrain (CBB) announces that this week's BD35 million issue of Government Treasury Bills has been oversubscribed by 233%.
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 2 May 2012 and the maturity date is 1 August 2012.
The weighted average rate of interest is 1.20% compared with 1.19%, for the previous issue on 18 April 2012.
The approximate average price for the issue was 99.699% with the lowest accepted price being 99.698%.
This is issue No.1388 (ISIN BH000383L437) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930 million.
© Press Release 2012
