CBB Sukuk Al-Salam Securities Subscribed
Manama, Bahrain – 20th March 2017 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been subscribed by 169%.
Subscriptions worth BD 72.7 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 March 2017 and matures on 21st June 2017, is 2.23% equivalent to the previous issue on 22nd February 2017.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.191 (BH0001013H39) of the short-term Sukuk Al-Salam series.