CBB's Sukuk al-Salam Securities oversubscribed by 235%
Central Bank of Bahrain (CBB)
Manama - BNA
The Central Bank of Bahrain (CBB) on Monday (January 19) announced that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD36 million issue, which carries a maturity of 91 days, has been oversubscribed by 235%.
The expected return on the issue, which begins on 21 January 2015 and matures on 22 April 2015, is 0.72%, equivalent to 0.72% for the previous issue on 24 December 2014.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.165 (ISIN BH000142GAG2) of Sukuk Al-Salam securities.
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