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CBB: Securities of Sukuk Al-Salam fully subscribed

CBB: Securities of Sukuk Al-Salam fully subscribed
Photo Credit: Arabianeye-Reuters

Mubasher: The Central Bank of Bahrain (CBB) announced that the issuance number 175 (ISIN BH0001Z23LW6) of Sukuk Al-Salam Islamic securities has been oversubscribed.

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

An expected return of 1.60% on the issue is expected as compared to 1.48% for the previous issue on 21 October 2015.

CBB noted that the issuance begins 25 November 2015, and matures 24 February 2016.