Manama, Bahrain – 16th September 2019 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 301%.
Subscriptions worth BD 129.223 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 18th September 2019 and matures on 18th December 2019, is 2.79% compared to 2.90% of the previous issue on 21st August 2019.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.221 (BH0008I21887) of the short-term Sukuk Al-Salam series.