CBB Sukuk Al Salam securities oversubscribed by 173%

Manama, July 10 (BBNA): The Central Bank of Bahrain announced that the monthly issuance of the Salam Islamic Securities Sukuk was oversubscribed by 173%.

Subscriptions of BD 74.289 million were received for the BD 43 million issue, which matures within 91 days.

The expected yield on the issue, which commences on July 12th and matures on October 11th, is 6.10%, equivalent to the previous issue on June 14th.

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

This is Issue #267 (BH00035677R8) of the Short-Term Peace Instruments series.


#CBB #Sukuk #Salam #securities #oversubscribed

Source link

READ MORE  US hiring slowdown may push Fed to forego another rate hike

Leave a Comment