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CBB Sukuk Al-Salam securities over subscribed

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been over subscribed by 350 %.

Subscriptions worth BD21m were received for the BD6m issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 1 April 2009 and matures on 1 July 2009, is 1.22%.

The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No. 95 of Sukuk Al-Salam securities.
 
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