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Sukuk Al-Salam Issue 218 Oversubscribed By 390%

Source: www.export-egypt.com 6/17/2019, Location: Middle East

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The Central Bank of Bahrain (CBB) announced that the monthly issue of Sukuk Al-Salam Islamic securities has been oversubscribed by 390%.

Subscriptions worth BD 167.8 million were received for the BD 43 million issue, which carries a maturity of 91 days.

The expected return on the issue, which begins on 19th June 2019 and matures on 18th September 2019, is 3.18% equivalent to the previous issue on 22nd May 2019.

The Sukuk Al-Salam are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.: 218 (BH0004640K13) of the short-term Sukuk Al-Salam series.

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