Manama, June 13 (BNA): The Central Bank of Bahrain announced that the monthly issuance of the Salam Islamic Securities Sukuk was oversubscribed by 206%.
Subscriptions of BD 88.714 million were received for the BD 43 million issue, which matures within 91 days.
The expected yield on the issue, which begins on June 14, 2023 and matures on September 13, 2023, is 6.10% compared to 6.15% for the previous issue on May 17, 2023.
Peace Sukuk are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.
This is Issue No. 266 (BH000C132271) of the Short-Term Peace Instruments Series.
MI
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