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CBB Sukuk Al-Salam Securities fully subscribed

Local / Business / CBB Sukuk Al/Salam Securities fully subscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been fully subscribed by 100%. Subscriptions worth BD 43 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 19th September 2018 and matures on 19th December 2018, is 4.13% compared to 4.02% for the previous issue on 22nd August 2018.

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

This is issue No.209 (BH0006647N42) of the short-term Sukuk Al-Salam series.

Source: Bahrain News Agency

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