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BD100 million Treasury Bills fully subscribed.


MANAMA: The latest monthly issue of Government Treasury Bills floated to raise BD100 million is fully subscribed, the Central Bank of Bahrain announced yesterday.

Carrying a maturity of 12 months, the bills have tomorrow as the issue date and the maturity date is May 30, 2019.

The weighted average rate of interest is 4.18 per cent compared with 3.97pc, for the previous issue on April 26.

The approximate average price for the issue was 95.946pc with the lowest accepted price being 95.870pc.

With this, issue No 45, the total outstanding value of Government Treasury Bills is BD2.01 billion.

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Publication:Gulf Daily News (Manama, Bahrain)
Date:May 30, 2018
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