Bahrain’s Government Treasury Bills fully subscribed

Published January 16th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

Bahrain’s five million Bahraini dinar ($13.2 million) monthly issue of Government Treasury Bills has been fully subscribed. The bills, carrying a maturity of 182 days, are issued by the Bahrain Monetary Agency (BMA).  

 

The issue date of the bills is January 19, 2003 and the maturity date is July 20, 2003. The weighted average rate of interest is 1.37 percent and the approximate average price was 99.310 percent, with the lowest accepted price being 99.310 percent. — (menareport.com)

© 2003 Mena Report (www.menareport.com)