Bank of Bahrain's Treasury Bills oversubscribed by 180%

GMT 11:41 2015 Tuesday ,31 March

Arab Today, arab today Bank of Bahrain's Treasury Bills oversubscribed by 180%

Central Bank of Bahrain (CBB)
Manama - BNA

The Central Bank of Bahrain (CBB) on Monday announced this week's BD 70 million issue of Government Treasury Bills have been oversubscribed by 180%.
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 1st April 2015 and the maturity date is 1st July 2015.
The weighted average rate of interest is 0.81%, compared to 0.81%, for the previous issue on 18th March 2015.
The approximate average price for the issue was 99.783% with the lowest accepted price being 99.773%.
This is issue No. 1540 (ISIN BH000643H457) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.410 billion.

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