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BMA bonds 200% oversubscribed
- Bahrain: Tuesday, August 02 - 2005 at 09:00
The Bahrain Monetary Agency says its monthly issue of Sukuk Al Salam Islamic bonds was 200% oversubscribed. Subscriptions worth $114m were received for the $40m issue, which carries a maturity of 91 days. The expected return on the issue, which matures on November 2, is 3.71%. The bonds are issued by the BMA on behalf of the government of Bahrain.
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James McInerney, News EditorTuesday, August 02 - 2005 at 09:00 UAE local time (GMT+4)
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