CBB Sukuk Al-Salam securities oversubscribed

Monthly issue of the Sukuk Al-Salam Islamic securities oversubscribed by 258%

Subscriptions worth BD 111.040 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 11th January 2023 and matures on 12th April 2023, is 5.72% compared to 5.60% of the previous issue on 14th December 2022.

The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.261 (BH000H8P7158) of the short-term Sukuk Al-Salam series.


Copyright reserved Zaywa 2023

You may also like