CBB Sukuk Al-Salam Securities Oversubscribed
Published on 10 January 2022
Media Center Press Release
Manama, Bahrain – 10th January 2022 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 189%.
Subscriptions worth BD 81.482 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 12th January 2022 and matures on 13th April 2022, is 1.39% compared to 1.46% of the previous issue on 15th December 2021.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.249 (BH0007387275) of the short-term Sukuk Al-Salam series.