The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al-Salam Islamic securities, has been subscribed by 100%.

Subscriptions worth BD43 million were received for the BD 43 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 20th December 2017 and matures on 21st March 2018, is 2.98 % compared to 2.72% for the previous issue on 22nd November 2017.

The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.: 200 (BH00052822N7) of the short-term Sukuk Al-Salam series.

Source: BNA