CBB Sukuk Al-Salam Securities oversubscribed by 233%

Manama The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 233%. Subscriptions worth BD 100.272 million were received for the BD 43 million issues, which carries a maturity of 91 days. The expected

Editorial Team Legacy

Published 13 April 2020, 8:00 · Updated 21:30

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CBB Sukuk Al-Salam Securities oversubscribed by 233%

Manama

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 233%.

Subscriptions worth BD 100.272 million were received for the BD 43 million issues, which carries a maturity of 91 days.

The expected return on the issue, which begins on April 15 and matures on July 15, is 2.30% compared to 2.06 % of the previous issue on March 18.

The Sukuk Al-Salam are issued by the CBB on behalf of the Government of Bahrain.

This is issue No.228 (BH0001557980) of the short-term Sukuk Al-Salam series.

CBB Sukuk Al-Salam Securities oversubscribed by 233%

Editorial Team Legacy

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