Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 207%.
Subscriptions worth BD 89.046 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 October 9 and matures on January 8, 2025, is 5.93% compared to 6.13% of the previous issue on September 11.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.282 (BH000C9E2095) of the short-term Sukuk Al-Salam series
Source: Bahrain News Agency