CBB's Monthly issue of treasury bills oversubscribed

08 August 2012
Manama, Bahrain - 08^th August 2012

Central Bank of Bahrain (CBB) announces that the BD 30 million monthly issue of Government Treasury Bills has been oversubscribed by 252%.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 12^th August 2012 and the maturity date is 10^th February 2013.

The weighted average rate of interest is 1.36%, compared with 1.25%for the previous issue on 08^th July 2012.

The approximate average price for the issue was 99.319%, with the lowest accepted price being 99.302%. 

This is issue No. 1403 (ISIN BH000SL13800 (of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 930 million.

-Ends-

For more information, contact:
Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +973 17547370/17547360
E-mail: media@cbb.gov.bh
Website: www.cbb.gov.bh

© Press Release 2012