Bahrain Bourse launches market for treasury bills
MANAMA, January 21, 2016
Bahrain Bourse has launched the Treasury Bills Market, adding it to the markets for trading.
Yusuf Abdullah Humood, BHB’s chairman, said that in this market, Treasury Bills issued by the Government of Bahrain will be listed and traded by investors in the secondary market according to the general trading guidelines in BHB’s Rulebook.
The details of the market and the trading mechanism of Treasury Bills will be disclosed later on by the chief executive officer of the bourse.
Meanwhile, the Automated Trading System at Bahrain Bourse comprises several markets such as the equity market, debt market, mutual funds market, and treasury bills market, said a statement.
The markets provide investors with various options that will enable them to manage their portfolios in order to diversify their risk and maximize their profitability, it added. - TradeArabia News Service
