CBB Sukuk Al-Salam Securities Oversubscribed
Published on 15 November 2021
Media Center Press Release
Manama, Bahrain – 15th November 2021 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 272%.
Subscriptions worth BD 116.945 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 17th November 2021 and matures on 16th February 2022, is 1.43% compared to 1.40% of the previous issue on 13th October 2021.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.247 (BH000D840609) of the short-term Sukuk Al-Salam series.