CBB Sukuk Al-Salam Securities oversubscribed by 382%

Manama, Oct. 9 (BNA): The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 382%.

 

Subscriptions worth BD 164.046 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 October 11 and matures on January 10, 2024, is 6.40% equivalent to the previous issue on September 13.

 

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

 

This is issue No.270 (BH0009978329) of the short-term Sukuk Al-Salam series.

 


 

H.F.






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