Flip through the latest issue of Gulf Weekly.
The Central Bank of Bahrain (CBB) announced in a press release that this week's BD25 million issues of Government Treasury Bills has been oversubscribed by 282 per cent.
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the kingdom.
The issue date of the bills is March 9, 2011, and the maturity date is June 8, 2011.
The weighted average rate of interest is 0.94 per cent compare with 0.82 per cent, for the previous issue on February 23, 2011.
The approximate average price for the issue was 99.763 per cent with the lowest accepted price being 99.748 per cent.
With this, the total outstanding value of Government Treasury Bills is BD570 million.
