CBB Sukuk Al-Salam Securities oversubscribed

salam sukuk cbb securities oversubscribed
Bahrain

CBB Sukuk Al-Salam Securities oversubscribed

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 352%. Subscriptions worth BD 151.275 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 19 May 2021 and matures on 18 August 2021, is 1.65% compared to 1.25% of the previous issue on 14 April 2021. The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue of the short-term Sukuk Al-Salam series.

Check the history on the topic
Vote to feature