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New CBB Sukuk Al-Salam securities oversubscribed

August 25, 2014

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BHD 36 million issue, which carries a maturity of 91 days, has been oversubscribed by 299 per cent.

The expected return on the issue, which begins on 27 August 2014 and matures on 26 November 2014, is 0.70 per cent, equivalent to 0.70 per cent for the previous issue.

The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

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Source: CPI Financial

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