CBB Sukuk Al-Salam securities subscribed 100 per cent
The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, Sukuk Al-Salam, has been subscribed by 100 per cent.
Subscriptions worth BHD 43 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 23 August 2017 and matures on 22 November 2017, is 2.36 per cent compared to 2.30 per cent for the previous issue on 19 July 2017.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.196 (BH00045240C5) of the short-term Sukuk Al-Salam series.