Media ININ Economy We Trust
MEDIA IN, Manama, June 26, 2018 (WAM)
The Central Bank of Bahrain (CBB) has confirmed its commitment to keep the dinar pegged to the dollar and there is no change in the value of the Bahraini dinar.
The bank will continue to maintain the current monetary policy, which is based on linking the dinar to the dollar, noting that linking the currency is an important policy and is the basis of monetary policy as this policy contributed to the stability of financial transactions and thus a positive reflection on economic conditions and investment movement.
The Central Bank of Bahrain (CBB) has also announced that ISIN BH00074227Q6 / issue No. 46 / ISBN was issued on monthly government treasury bills issued by the Bank on behalf of the Government of the Kingdom of Bahrain.
The issue price is BD 100 million for a maturity period of 12 months beginning on 28 June 2018 and ending on 27 June 2019. The average interest rate on these notes is 4.39 per cent and the issue is 100 per cent covered. The outstanding balance of Treasury bills with this issue Worth BD 2.110 billion.
