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CBB Sukuk Al-Salam Securities oversubscribed by 214%

July 14, 2020
islamic finance

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.

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