CBB Sukuk Al-Salam Securities Oversubscribed
Published on 10 June 2024
Manama, Bahrain – 10th June 2024 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 119%.
Subscriptions worth BD 51.120 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 12th June 2024 and matures on 11th September 2024, is 5.92% equivalent to the previous issue on 15th May 2024.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.278 (BH0009230317) of the short-term Sukuk Al-Salam series.