CBB Sukuk Al-Salam securities subscribed

Manama : The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al-Salam Islamic securities, Sukuk Al-Salam, has been subscribed by 100 per cent.

Subscriptions worth BD43 million were received for the BD43 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 21st June 2017 and matures on 20th September 2017, is 2.20 % equivalent to the previous issue on 24th May 2017.

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

This is issue No.194 (BH00017767S7) of the short-term Sukuk Al-Salam series.