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Bahrain: Government Treasury Bills Issue 1685 Fully Subscribed

Source: www.export-egypt.com 1/1/2018, Location: Middle East

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The Central Bank of Bahrain (CBB) announced that this week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.

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 3rd January 2018 and the maturity date is 4th April 2018.

The weighted average rate of interest is 3.09%, compared to 2.99% for the previous issue .

The approximate average price for the issue was 99.225% with the lowest accepted price being 99.173%.

This is issue No.: 1685 (ISIN BH000928Q4L5) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.060 billion.

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