Manama, Mar. 13 (BNA): The Central Bank of Bahrain announced that the monthly issuance of the Salam Islamic Securities Sukuk was oversubscribed by 293%.
Subscriptions of BD 126.171 million were received for the BD 43 million issue which has a maturity of 91 days.
The expected yield on the issue, which begins on February 15th and matures on June 14th, is 5.78% compared to 5.80% for the previous issue on February 15th.
Peace Sukuk are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.
This is Issue No. 263 (BH0008762FA2) of the Short-Term Peace Instruments series.
HF