CBB's Sukuk al-Salam Securities oversubscribed by 299%
Central Bank of Bahrain (CBB)
Manama - BNA
The Central Bank of Bahrain (CBB) today announced that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD 36 million issue, which carries a maturity of 91 days, has been oversubscribed by 299%.
The expected return on the issue, which begins on 27 August 2014 and matures on 26 November 2014, is 0.70%, equivalent to 0.70% for the previous issue.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No. 160 (ISIN BH0006102634) of Sukuk Al-Salam securities.
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