CBB Sukuk Al-Salam Securities Oversubscribed
Published on 14 June 2021
Media Center Press Release
Manama, Bahrain – 14th June 2021 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 513%.
Subscriptions worth BD 220.467 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 16th June 2021 and matures on 15th September 2021, is 1.60% compared to 1.65% of the previous issue on 19th May 2021.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.242 (BH000OU48W78) of the short-term Sukuk Al-Salam series.