The Central Bank of Bahrain (CBB) has announced that issue No.205 (BH00074U7R28) of the Sukuk Al-Salam Islamic securities was fully subscribed.
Subscriptions worth BD43 million were received for the ssue, which carries a maturity of 91 days.
The expected return on the issue, which begins on 23 May 2018 and matures on 22 August 2018, is 3.4% compared to 3.32% for the previous issue on 18 April 2018.
Earlier in May, the CBB announced that issue No.153 (BH000275W671) of the short-term Islamic leasing bonds, Sukuk Al-Ijara, were subscribed by 100%.
Subscriptions worth BD26 million were received for the issue, which matures in 182 days.
The expected return on the issue, which began on 10 May and matures on 8 November 2018, is 3.61% compared to 3.6% for the previous issue on 12 April 2018.
Sukuk Al-Ijara and Sukuk Al-Salam are issued by the CBB on behalf of the government of Bahrain.