CBB Sukuk Al-Salam Securities Oversubscribed
Published on 12 July 2021
Manama, Bahrain – 12th July 2021 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 592%.
Subscriptions worth BD 254.737 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 14th July 2021 and matures on 13th October 2021, is 1.45% compared to 1.60% of the previous issue on 16th June 2021.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.243 (BH0004131304) of the short-term Sukuk Al-Salam series.