BMA weekly treasury bill fully subscribed

Published November 11th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

The Bahrain Monetary Agency (BMA) has announced that the 10 million Bahraini dinar ($26 million) weekly issue of Government Treasury Bills has been fully subscribed. 

 

The bills, carrying a maturity of 91 days, are issued by the BMA, on behalf of the Kingdom of Bahrain. The issue date of the bills is November 12, 2003 and the maturity date is February 11, 2004.  

 

This is issue No 971 of Government Treasury Bills. The weighted average rate of interest is 1.04 percent and the approximate average price was 99.738 percent, with the lowest accepted price being 99.735 percent. — (menareport.com)  

© 2003 Mena Report (www.menareport.com)