The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 194%.
Subscriptions worth BD 84 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 15th May 2024 and matures on 14th August 2024, is 5.92% compared to 5.90% of the previous issue on 10th April 2024.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.277 (BH0007H535N9) of the short-term Sukuk Al-Salam series.
