The Central Bank of Bahrain (CBB) has announced that this week's BD 45 million issue of Government Treasury Bills has been oversubscribed by 193%.
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 03 December 2014 and the maturity date is 04 March 2015.
The weighted average rate of interest is 0.70%, equivalent to 0.70%, for the previous issue on 19 November 2014.
The approximate average price for the issue was 99.824% with the lowest accepted price being 99.823%.
This is issue No. 1523 (ISIN BH000T85L319) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.