CBB Sukuk Al-Salam Securities Oversubscribed
Published on 14 October 2019
Media Center Press Release
Manama, Bahrain – 14th October 2019 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 308%.
Subscriptions worth BD 132.380 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 16th October 2019 and matures on 15th January 2020, is 2.83% compared to 2.79 % of the previous issue on 18th September 2019.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.222 (BH0001Q78802) of the short-term Sukuk Al-Salam series.