The Central Bank of Bahrain (CBB) has announced that the monthly issue of the Sukuk Al-Salam Islamic securities were fully subscribed at 100%. This is issue 208 (BH00012B7P87) of the short-term Sukuk Al-Salam series.
Subscriptions worth BD43 million were received for the issue, which carries a maturity of 91 days. The expected return on the issue, which begins on 22 August 2018 and matures on 21 November 2018, is 4.02% compared to 3.94% for the previous issue on 18 July 2018.
Sukuk Al-Salam are issued by the CBB on behalf of the Bahrain government.