CBB Sukuk Al Salam Securities oversubscribed by 135%
Subscriptions worth BD 67.603 million were received for the BD 50 million issue, which carries a maturity of 91 days.
The expected return on the issue, which begins on August 13 and matures on November 12, is 5.39% compared to 5.42 of the previous issue on July 9.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.292 (BH000772X055) of the short-term Sukuk Al-Salam series.
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CBB Sukuk Al Salam Securities oversubscribed by 135%
The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 135%. Subscriptions worth BD 67.603 million were received for the BD 50 million issue, which carries a maturity of 91 days. The expected return on the issue, which begins on August 13 and matures on November 12, is 5.39% compared to 5.42 of the previous issue on July 9. The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.292 (BH000772X055) of the short-term Sukuk Al-Salam series.
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