CBB Sukuk Al-Salam Securities Oversubscribed
Published on 10 July 2023
Manama, Bahrain – 10th July 2023 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 173%.
Subscriptions worth BD 74.289 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 July 2023 and matures on 11th October 2023, is 6.10% equivalent to the previous issue on 14th June 2023.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.267 (BH00035677R8) of the short-term Sukuk Al-Salam series.