Central Bank of Bahrain Sukuk Al-Salam Securities oversubscribed by 340%

Published 14 Sep,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 340%.

Subscriptions worth BD 146.322 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 September 2021 and matures on 15th December 2021, is 1.42% compared to 1.50% of the previous issue on 18th August 2021.

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

This is issue No.245 (BH000497F296) of the short-term Sukuk Al-Salam series.

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