Mubasher: The Central Bank of Bahrain (CBB) said the monthly issue of the Sukuk Al-Salam Islamic securities, Sukuk Al-Salam, has been subscribed by 100%.
Subscriptions worth BHD 43 million were received for the BHD 43 million issue, which carries a maturity of 91 days.
The expected return on the issue, which begins on 18 January 2017 and matures on 19 April 2017, is 2.16 %, compared with 2.05 for the previous issue on 21 December 2016.
The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.189 (BH0005787906) of the short-term Sukuk Al-Salam series.
Source:
Mubasher