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