CBB 12 month treasury bills oversubscribed
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Manama - Muslimchronicle
The Central Bank of Bahrain (CBB) has announced that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 145%.
The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is 30th November, 2017 and the maturity date is 29th November, 2018.
The weighted average rate of interest is 3.49% compared to 3.41%, for the previous issue on 26th October, 2017.
The approximate average price for the issue was 96.590% with the lowest accepted price being 96.488%.
This is issue No.39 (ISIN BH000A1658O1) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.960 billion.
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