The Central Bank of Bahrain (CBB) on Monday announced that this week's BD45 million issue of Government Treasury Bills had been oversubscribed by 157%.
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 11th February 2015 and the maturity date is 13th May 2015. The weighted average rate of interest is 0.70%, compared to 0.69%, for the previous issue on 04th February 2015.
The approximate average price for the issue was 99.823% with the lowest accepted price being 99.823%.
This is issue No.1534 (ISIN BH0004468G00) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.