Tuesday, February 26, 2013

CBB Sukuk Al-Salam securities oversubscribed

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18m issue, which carries a maturity of 91 days, has been oversubscribed by 223%.

The expected return on the issue, which begins on 27 February 2013 and matures on 29 May 2013, is 0.90%.

The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No. 142 of Sukuk Al-Salam securities.

Read more: http://www.gulfbase.com/news/cbb-sukuk-al-salam-securities-oversubscribed/230187

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