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CBB Sukuk Al-Salam securities oversubscribed

02/02/2011 06:00:00 AM GMT   Comments ()     Add a comment   Print     E-mail to friend
CBB Sukuk Al-Salam Securities Oversubscribed

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been over subscribed.

Sub!--ions worth BD83.2 million were received for the BD12 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 26 January 2011 and matures on 27 April 2011, is 0.85%.

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

This is issue No.117 of Sukuk Al-Salam securities.

Source: Bing Search

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