Nov 29 2010 |
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CBB Sukuk Al-Salam Securities Oversubscribed
Manama, Bahrain - 29 November 2010 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been over subscribed.Subscriptions worth BD42.3 million were received for the BD12 million issue, which carries a maturity of 91 days.
The expected return on the issue, which begins on 01 December 2010 and matures on 02 March 2011, is 0.80%.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.115 of Sukuk Al-Salam securities.
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