CBB Sukuk Al-Salam Securities oversubscribed by 214%

BAHRAIN BUSINESS NEWS

English | عربي

August 8, 2020

Weather in Al Manama

TODAY'S STORIES

Toyota expects 64 percent fall in annual net profit amid pandemic

August 6, 2020

Tokyo, Aug. 6 (BNA): Toyota Motor forecasts its net profit for the current financial year will drop 64.1 percent from the previous year to 730 billion yen ($6.9 billion) due to the fallout from the Covid-19 pandemic, it said on Thursday.

Japan's largest carmaker maintained its operating profit outlook at 500 billion yen and sales are estimated at 24 trillion yen for the year ending March 31, 2021, according to Deutsche press agency"...

CBB Sukuk Al-Salam Securities oversubscribed by 214%

Bahrain, July 14, 2020

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 214%.

Subscriptions worth BD 91.813 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 15th July 2020 and matures on 14th October 2020, is 2.29% compared to 2.32% of the previous issue on 17th June 2020.

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

This is issue No.231 (BH00011X3573) of the short-term Sukuk Al-Salam series.

bizbahrain

News Agencies Feed