CBB 12 Month Treasury Bills

The Central Bank of Bahrain (CBB) announced yesterday (Tuesday 4th December 2012) that this quarter\'s BD100 million issues of Government Treasury Bills has been oversubscribed by 279% 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 06 December 2012 and the maturity date is 05 December 2013. The weighted average rate of interest is 1.47% compare with 1.65%, for the previous issue on 06 September 2012. The approximate average price for the issue was 98.533% with the lowest accepted price being 98.408%. This is issue No.15 (ISIN BH000V086T72) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD930 million.