MANAMA: The Central Bank of Bahrain (CBB) has announced that the monthly issue of the Sukuk Al Salam Islamic securities has been fully subscribed by 100 per cent.
Subscriptions worth BD6 million were received for the BD6m issue, which carries a maturity of 91 days.
The expected return on the issue, which begins tomorrow and matures on January 28, is 2.50pc.
The securities are issued by the CBB on behalf of the government of the Kingdom of Bahrain.
(Gulf Daily News, 28-oct-08)
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