The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 206%.
Subscriptions worth BD 88.714 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 14th June 2023 and matures on 13th September 2023, is 6.10% compared to 6.15% of the previous issue on 17th May 2023.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.266 (BH000C132271) of the short-term Sukuk Al-Salam series.