CBB Sukuk Al-Salam Securities Subscribed
Manama, Bahrain – 20th February 2017 - 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%.
Subscriptions worth BD 43 million were received for the BD 43 million issue, which carries a maturity of 91 days.
The expected return on the issue, which begins on 22nd February 2017 and matures on 24th May 2017, is 2.23 %, compared with 2.16 for the previous issue on 18th January 2017.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.190 (BH0007412529) of the short-term Sukuk Al-Salam series.