Monday 17, April 2017 by William Mullally

CBB Sukuk Al-Salam securities now subscribed

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

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been subscribed by 142 per cent.

Subscriptions worth BHD 61.1 million were received for the BHD 43 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 19th April 2017 and matures on 19th July 2017, is 2.23 per cent equivalent to the previous issue on 22nd March 2017.

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

This is issue No.192 (BH000234J337) of the short-term Sukuk Al-Salam series.

Features & Analyses