Manama, Bahrain – 13th March 2023 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 293%.
Subscriptions worth BD 126.171 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 March 2023 and matures on 14th June 2023, is 5.78% compared to 5.80% of the previous issue on 15th February 2023.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.263 (BH0008762FA2) of the short-term Sukuk Al-Salam series.