CBB Sukuk Al-Salam Securities Oversubscribed
Published on 11 December 2023
Manama, Bahrain – 11th December 2023 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 299%.
Subscriptions worth BD 128.433 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 13th December 2023 and matures on 13th March 2024, is 6.35% compared to 6.33% of the previous issue on 15th November 2023.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.272 (BH000Q654005) of the short-term Sukuk Al-Salam series.