Manama, Bahrain – 10th April 2023 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 197%.
Subscriptions worth BD 84.501 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 12th April 2023 and matures on 12th July 2023, is 5.80% compared to 5.78% of the previous issue on 15th March 2023.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.264 (BH0005565NB4) of the short-term Sukuk Al-Salam series.