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Nov 29 2010

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.
-Ends-

© Press Release 2010

© Copyright Zawya. All Rights Reserved.


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