CBB Sukuk Al-Salam Securities Oversubscribed
Published on 18 May 2020
Manama, Bahrain – 18th May 2020 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 153%.
Subscriptions worth BD 65.830 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 20th May 2020 and matures on 19th August 2020, is 2.40% compared to 2.30 % of the previous issue on 15th April 2020.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.229 (BH00097A2405) of the short-term Sukuk Al-Salam series.