Sukuk Al-Salam Securities fully subscribed
Manama, June 21 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al-Salam Islamic securities has been fully subscribed by 102%.
Subscriptions worth BD 44 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 22 June 2016 and matures on 21 September 2016, is 2.05 % compared to 2.08% for the previous issue on 25 May 2016.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.182 (BH0003O200J3) of the short-term Sukuk Al-Ijara series.
Source: Central Bank of Bahrain (CBB)