MANAMA: The Central Bank of Bahrain (CBB) has announced that the monthly issue of the Sukuk Al Salam Islamic securities has been oversubscribed by 216.6 per cent.
Subscriptions worth BD13 million were received for the BD6 million issue, which carries a maturity of 91 days.
The expected return on the issue, which begins tomorrow and matures on October 29, is 2.20pc.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue number 87 of Sukuk Al Salam securities.
Tuesday, July 29, 2008
Sukuk issue is oversubscribed
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment