CBB Sukuk Al-Salam Securities oversubscribed by 272%

Published 16 Nov,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 272%.

Subscriptions worth BD 116.945 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 17th November 2021 and matures on 16th February 2022, is 1.43% compared to 1.40% of the previous issue on 13th October 2021.

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

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