Bahrain central bank sukuk al-salam securities oversubscribed by 277%

Published 17 Nov,2020 via bizbahrain - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 277%.

Subscriptions worth BD 119.290 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 November 2020 and matures on 17th February 2021, is 2.22% equivalent to the previous issue on 14th October 2020.

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

This is issue No.235 (BH0002467452) of the short-term Sukuk Al-Salam series.

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