CBB sukuk al-Salam securities oversubscribed by 306%

GMT 08:52 2014 Tuesday ,22 July

Arab Today, arab today CBB sukuk al-Salam securities oversubscribed by 306%

Central Bank of Bhrain (CBB)
Manama - BNA

The Central Bank of Bahrain (CBB) yesterday announced that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD 36 million issue, which carries a maturity of 91 days, has been oversubscribed by 306%.
The expected return on the issue, which begins on 23 July 2014 and matures on 22 October 2014, is 0.70%, equivalent to 0.70% for the previous issue.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No. 159 (ISIN BH0005J38158) of Sukuk Al-Salam securities.

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