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CBB Sukuk Al-Salam Securities oversubscribed by 254%

April 12, 2022
islamic finance

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 254%.

Subscriptions worth BD 109.362 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 April 2022 and matures on 13th July 2022, is 1.99% compared to 1.60% of the previous issue on 16th March 2022.

The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.252 (BH0004Z01320) of the short-term Sukuk Al-Salam series.