Bahrain central bank sukuk al-salam securities oversubscribed by 407%

Published 17 Aug,2021 via bizbahrain - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 407%.

Subscriptions worth BD 175.217 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 August 2021 and matures on 17th November 2021, is 1.50% compared to 1.45% of the previous issue on 14th July 2021.

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

This is issue No.244 (BH000107S864) of the short-term Sukuk Al-Salam series.

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