CBB's monthly Treasury Bills oversubscribed by 133%

Manama, Sept. 2 (BNA): The Central Bank of Bahrain (CBB) today announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 133%. The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue date of the bills is 06th September 2015 and the maturity date is 06th March 2016. The weighted average rate of interest is 1.39%, compared to 1.31% for the previous issue on 9th August 2015. The approximate average price for the issue was 99.301%, with the lowest accepted price being 99.216%. This is issue No. 1563 (ISIN BH0009BN9398) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.660 billion.