Manama, Bahrain – 15th February 2021 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 687%.
Subscriptions worth BD 295.561 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 17th February 2021 and matures on 19th May 2021, is 2.00% compared to 2.20% of the previous issue on 13th January 2021.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.238 (BH0004V99265) of the short-term Sukuk Al-Salam series.