Manama:The Central Bank of Bahrain (CBB) has announced the complete subscription of its monthly Sukuk Al Salam Islamic securities. The issue, totaling BD 50 million, received subscriptions amounting to the full BD 50 million, with a maturity period of 91 days.
According to Bahrain News Agency, the expected return on this issuance is set at 5.49%, which is slightly lower than the 5.58% return of the previous issue dated October 7. The current issuance will commence on November 11 and is set to mature on February 10, 2027.
These Sukuk Al Salam securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This latest issuance is identified as issue No. 307 (BH000QSUK694) in the short-term Sukuk Al Salam series.