The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been over subscribed by 300 %.
Subscriptions worth BD18 million were received for the BD6 million issue, which carries a maturity of 91 days.
The expected return on the issue, which begins on 4 March 2009 and matures on 3 June 2009, is 1.07%.
The securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.94 of Sukuk Al-Salam securities.
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