CBB Sukuk Al Salam Securities oversubscribed 184%

Manama, May 16 (BNA) The Central Bank of Bahrain announced that it has oversubscribed in the monthly issue of Al Salam Islamic Securities Sukuk by 184%.

Subscriptions of BD 79 million have been received for the BD 43 million issue which matures within 91 days.

The expected return on the issue beginning May 18 and maturing August 17 is 2.30% compared to 1.99% for the previous issue on April 13.

Al Salam Sukuk are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.

This is version 253 (BH000198X889) of the Short-Term Peace Instruments Series.


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