Central Bank of Bahrain Treasury Bills oversubscribed by 109%

The Central Bank of Bahrain (CBB) on Monday announced that this week’s BD45 million issue of Government Treasury Bills has been oversubscribed by 109%.
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 10th September 2014 and the maturity date is 10th December 2014.
The weighted average rate of interest is 0.70%, compared to 0.68%, for the previous issue on 03rd September 2014.
The approximate average price for the issue was 99.823% with the lowest accepted price being 99.823%.
This is issue No.1512 (ISIN BH0009506070) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD1.230 billion.