Government Treasury Bills issue 42 oversubscribed by 151%Source: www.export-egypt.com 2/27/2018, Location: Middle East |
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The Central Bank of Bahrain (CBB) announced that this month’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 151%.
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 1st March, 2018 and the maturity date is 28th February 2019. The weighted average rate of interest is 3.74% compared to 3.71%, for the previous issue on 25h January 2018. The approximate average price for the issue was 96.354% with the lowest accepted price being 96.324%. This is issue No.: 42 (ISIN BH000DRV6054) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.035 billion. |
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