CBB Sukuk Al-Salam Securities Oversubscribed
Published on 20 May 2019
Media Center Press Release Treasury Bills
Manama, Bahrain – 20th May 2019 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 294%.
Subscriptions worth BD 126.444 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 22nd May 2019 and matures on 21st August 2019, is 3.18% compared to 3.62% for the previous issue on 17th April 2019.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.217 (BH000134O883) of the short-term Sukuk Al-Salam series.