The Central Bank of Bahrain (CBB) announced today that this week's BD35 million issue of Government Treasury Bills has been oversubscribed by 154%.
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 13th March 2013 and the maturity date is 12th June 2013. The weighted average rate of interest is 0.80%, compared with 0.82% for the previous issue on 6th March 2013.
The approximate average price for the issue was 99.798% with the lowest accepted price being 99.798%.
This is issue No.1434 (ISIN BH00064X85E7) of Government Treasury Bills. With this week's issue, the total outstanding value of Government Treasury Bills is BD 930 million.