CBB Sukuk Al-Salam securities sees slight decrease in return

The monthly issue of the Sukuk Al-Salam Islamic securities was released by the Central Bank of Bahrain (CBB). 

Reports show the securities have been subscribed at 102 percent. Subscriptions valued at Bahraini Dinar (BD) 44 million were accepted for the BD 43 million issue, documented with a maturity of 91 days.

The return on the issue begins June 22 and matures Sept. 21 with an anticipated return of 2.05 percent. This is a slight dip compared to the 2.08 percent return for the issue on May 25.

CBB issues the Sukuk Al-Salam on behalf of the government of the Kingdom of Bahrain. The issue number for the short-term Sukuk Al-Ijara series is No.182 (BH0003O200J3).

Organizations in this story

Central Bank of Bahrain Block 317, Road 1702, Building 96 Manama Kingdom of Bahrain

Get notified the next time we write about Central Bank of Bahrain!
Top