Manama, Bahrain – 9th January 2023 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 258%.
Subscriptions worth BD 111.040 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 11th January 2023 and matures on 12th April 2023, is 5.72% compared to 5.60% of the previous issue on 14th December 2022.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.261 (BH000H8P7158) of the short-term Sukuk Al-Salam series.