CBB Sukuk Al-Salam securities subscribed

Manama : The Central Bank of Bahrain (CBB) announces 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 BD43m issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 23rd August 2017 and matures on 22nd November 2017, is 2.36% compared to 2.30% for the previous issue on 19th July 2017.

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

This is issue No.196 (BH00045240C5) of the short-term Sukuk Al-Salam series.