CBB Sukuk Al-Salam Securities oversubscribed by 351%

Manama: The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 351%.

Subscriptions worth BD 150.836 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 January 13 and matures on April 14, is 2.20% compared to 2.22% of the previous issue on December 16, 2020.

The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.237 (BH0002D26856) of the short-term Sukuk Al-Salam series.