CBB’s monthly issue of treasury bills oversubscribed by 357%

The Central Bank of Bahrain (CBB) on Wednesday announced that the BD 30 million monthly issue of Government Treasury Bills has been oversubscribed by 357%.
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 5th October 2014 and the maturity date is 05th April 2015.
The weighted average rate of interest is 0.80%, compared with 0.78% for the previous issue on 7th September 2014 .
The approximate average price for the issue was 99.599%, with the lowest accepted price being 99.585%.
This is issue No. 1515 (ISIN BH000178JBN4) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion.