Manama, Bahrain - This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 108%.
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 28th September 2016 and the maturity date is 28th December 2016.
The weighted average rate of interest is 2.02%, equivalent to 2.01% for the previous issue on 28th September 2016.
The approximate average price for the issue was 99.491% with the lowest accepted price being 99.482%.
This is issue No. 1618 (ISIN BH00028O9M04) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.760 billion.
Contact: External Communications Unit
Central Bank of Bahrain
Tel: +973 17547319
Email: media@cbb.gov.bh
Website: www.cbb.gov.bh
© Press Release 2016
