CBB Sukuk Al-Salam securities oversubscribed by 277%

SectorFinancial Services

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by277%. Subscriptions worth BD 119.290million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected return on the issue, which begins on 18thNovember2020and matures on 17thFebruary2021,is 2.22%equivalent to the previous issue on 14th October 2020. The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.235 (BH0002467452) of the short-term Sukuk Al-Salam series. Post Views: 64 ...read more...