Manama, Bahrain – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 330%.
Subscriptions worth BD 141.769 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 13th July 2022 and matures on 12th October 2022, is 3.96% compared to 2.96% of the previous issue on 15th June 2022.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.255 (BH0008F91639) of the short-term Sukuk Al-Salam series.