Manama: The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been fully subscribed by 100%.
According to Bahrain News Agency, subscriptions worth BD 50 million were received for the BD 50 million issue, which carries a maturity of 91 days. The expected return on the issue, which begins on March 11 and matures on June 10, is 4.99%, compared to 4.85% of the previous issue on February 11.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.299 (BH0001530599) of the short-term Sukuk Al-Salam series.