CBB Sukuk Al-Salam Securities Oversubscribed
Published on 16 August 2021
Manama, Bahrain – 16th August 2021 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 407%.
Subscriptions worth BD 175.217 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 18th August 2021 and matures on 17th November 2021, is 1.50% compared to 1.45% of the previous issue on 14th July 2021.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.244 (BH000107S864) of the short-term Sukuk Al-Salam series.