The Central Bank of Bahrain (CBB) on Monday announced that this week's BD45 million issue of Government Treasury Bills has been oversubscribed by 144%.
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 7 January 2015 and the maturity date is 8 April 2015.
The weighted average rate of interest is 0.70%, equivalent to 0.70%, for the previous issue on 17 December 2014.
The approximate average price for the issue was 99.823% with the lowest accepted price being 99.823%.
This is issue No. 1529 (ISIN BH000W8GS730) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.