The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD18m issue, which carries a maturity of 91 days, has been oversubscribed by 188%.
The expected return on the issue, which begins on 25 July 2012 and matures on 24 October 2012, is 1.18%.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No. 135 of Sukuk Al-Salam securities.
he Central Bank of Bahrain ('CBB') is a public corporate entity established by the Central Bank of Bahrain and Financial Institutions Law 2006. It was created on 6th September 2006.
The CBB is responsible for maintaining monetary and financial stability in the Kingdom of Bahrain. It is also the single integrated regulator of Bahrain's financial industry.
(Ameinfo.com / 23 July 2012)
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