CBB's Sukuk al-Salam securities oversubscribed by 150%
Manama - BNA
The Central Bank of Bahrain (CBB) yesterday announced that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18 million issue, which carries a maturity of 91 days, had been oversubscribed by 150%. The expected return on the issue, which begins on 26 June 2013 and matures on 25 September 2013, is 0.72% compared with 0.72% for the previous issue. These securities are issued by the CBB on behalf of the Kingdom of Bahrain's Government.
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