CBB Sukuk Al-Salam Securities Oversubscribed
Published on 13 February 2023
Media Center Press Release Treasury Bills
Manama, Bahrain – 13th February 2023 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 357%.
Subscriptions worth BD 153.338 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 15th February 2023 and matures on 17th May 2023, is 5.80% compared to 5.72% of the previous issue on 11th January 2023.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.262 (BH000W544943) of the short-term Sukuk Al-Salam series.