Manama, Feb. 2 (BNA): The Central Bank of Bahrain (CBB) announced 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 03rd February 2016 and the maturity date is 04th May 2016.

The weighted average rate of interest is 1.96%, compared to 1.94% for the previous issue on 27th January 2016.

The approximate average price for the issue was 99.507% with the lowest accepted price being 99.449%.

This is issue No. 1584 (ISIN BH0008198978) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.710 billion.

I.Y

BNA 0658 GMT 2016/02/02