CBB's Sukuk al-Salam securities oversubscribed by 190%

GMT 17:11 2014 Monday ,22 September

Arab Today, arab today CBB's Sukuk al-Salam securities oversubscribed by 190%

Central Bank of Bahrain (CBB)
Manama - BNA

The Central Bank of Bahrain (CBB) today announced that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD36 million issue, which carries a maturity of 91 days, has been oversubscribed by 190%.
The expected return on the issue, which begins on 24 September 2014 and matures on 24 December 2014, is 0.72%, compared with 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.161 (ISIN BH00019U2372) of Sukuk Al-Salam securities.

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