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12 November, 2013

CBB's Monthly Issue of Treasury Bills Oversubscribed

Manama, Bahrain - 12 November 2013 - The Central Bank of Bahrain (CBB) announces that the BD 30 million monthly issue of Government Treasury Bills has been oversubscribed by 204%. 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 17th November 2013 and the maturity date is 18th May 2014.The weighted average rate

Manama, Bahrain - 12 November 2013 - The Central Bank of Bahrain (CBB) announces that the BD 30 million monthly issue of Government Treasury Bills has been oversubscribed by 204%. 

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 17th November 2013 and the maturity date is 18th May 2014.

The weighted average rate of interest is 0.98%, compared with 0.94% for the previous issue on 6th October 2013.

The approximate average price for the issue was 99.506%, with the lowest accepted price being 99.506%. 

This is issue No. 1469 (ISIN BH0008703G30) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1060 million.

© Press Release 2013