CBB Sukuk Al-Salam Securities Oversubscribed
Published on 7 October 2024
Manama, Bahrain – 7th October 2024 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 207%.
Subscriptions worth BD 89.046 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 9th October 2024 and matures on 8th January 2025, is 5.93% compared to 6.13% of the previous issue on 11th September 2024.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.282 (BH000C9E2095) of the short-term Sukuk Al-Salam series.