CBB: securities of Sukuk Al-Salam 128% oversubscribed

Mubasher: The Central Bank of Bahrain (CBB) announced that the issuance number 187 of Sukuk Al-Salam Islamic securities has been covered by 128%.

This monthly issue is worth BHD 43 million, with a maturity of 91 days, according to a statement.

An expected return of 2.05% on the issue is expected as compared to 2.02% for the previous issue on 19 October 2016.

CBB noted that the issuance begins on 23 November 2016 and matures on 22 February 2017.

Mubasher Contribution Time: 22-Nov-2016 10:41 (GMT)
Mubasher Last Update Time: 22-Nov-2016 10:41 (GMT)