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.




#CBB #Sukuk #AlSalam #Securities #oversubscribed

Source link

READ MORE  Saudi Stock Exchange Main Index ends trading lower at 10458 points

Leave a Comment