*** ----> CBB Sukuk Al-Salam securities fully Subscribed | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

CBB Sukuk Al-Salam securities fully Subscribed

Manama : The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been fully subscribed by 100 per cent.

Subscriptions worth BD 43 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 21st March and matures on 20th June, is 3.17pc compared to 3.13 for the previous issue on 21st February.

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

This is issue No.203 (BH0001H651F6) of the short-term Sukuk Al-Salam series.