CBB Sukuk Al-Salam Securities Oversubscribed
Published on 14 February 2022
Media Center Press Release
Manama, Bahrain – 14th February 2022 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 158%.
Subscriptions worth BD 68.008 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 16th February 2022 and matures on 18th May 2022, is 1.35% compared to 1.39% of the previous issue on 12th January 2022.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.250 (BH000W038037) of the short-term Sukuk Al-Salam series.