Central Bank of Bahrain

07/15/2019 | Press release | Distributed by Public on 07/15/2019 04:29

CBB Sukuk Al-Salam Securities Oversubscribed (July 15th, 2019)

Published on 18 February 2019
Media Center Press Release

Manama, Bahrain - 18th February 2019 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 153%.

Subscriptions worth BD 65.8 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 20th February 2019 and matures on 22nd May 2019, is 4.15 % compared to 4.24% for the previous issue on 16th January 2019.

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

This is issue No.214 (BH0003383773) of the short-term Sukuk Al-Salam series.

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