CBB Sukuk Al-Salam Securities Oversubscribed
Published on 17 February 2020
Media Center Press Release Treasury Bills
Manama, Bahrain – 17th February 2020 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 354%.
Subscriptions worth BD 152.035 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 19th February 2020 and matures on 20th May 2020, is 2.52% compared to 2.61 % of the previous issue on 15th January 2020.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.226 (BH000BT23931) of the short-term Sukuk Al-Salam series.