Central Bank of Bahrain : CBB Treasury Bills Oversubscribed

Manama, Bahrain - 12 January 2014 - The Central Bank of Bahrain (CBB) announces that this week's BD45 million issue of Government Treasury Bills has been oversubscribed by 313%.

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 15th January 2014 and the maturity date is 16th April 2014.

The weighted average rate of interest is 1.00%, compared to 1.05%, for the previous issue on 08th January 2014.

The approximate average price for the issue was 99.748% with the lowest accepted price being 99.748%.

This is issue No.1478 (ISIN BH00068X2288) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.130 billion.