Manama, Bahrain – 14th March 2022 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 180%.
Subscriptions worth BD 77.330 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 March 2022 and matures on 15th June 2022, is 1.60% compared to 1.35% of the previous issue on 16th February 2022.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.251 (BH0001Z20A75) of the short-term Sukuk Al-Salam series.