Bahrain: Government Treasury Bills Issue 1693 Oversubscribed By 126%Source: www.export-egypt.com 2/28/2018, Location: Middle East |
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TThe Central Bank of Bahrain (CBB) announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 126%.
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 4th March 2018 and the maturity date is 2nd September 2018. The weighted average rate of interest is 3.39%, compared to 3.27% for the previous issue on 4th February 2018. The approximate average price for the issue was 98.317%, with the lowest accepted price being 98.286%. |
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