CBB Sukuk Al-Salam Securities oversubscribed 197%


Manama, May 15 (BNA): The Central Bank of Bahrain announced that the monthly issuance of the Salam Islamic Securities Sukuk was oversubscribed by 197%.

Subscriptions of BD 84.706 million were received for the BD 43 million issue, which is due within 91 days.

The expected yield on the issue, which begins on May 17th and matures on August 16th, is 6.15% compared to 5.80% for the previous issue on April 12th.

Peace Sukuk are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.

This is Issue No. 265 (BH00060152O7) of the Short-Term Peace Instruments series.

HF






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