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CBB sukuk oversubscribed 248pc

Manama, September 25, 2012

The Central Bank of Bahrain has announced that the monthly issue of the Sukuk Al Salam Islamic securities for the BD18 million ($47.2 million) issue has been oversubscribed by 248 per cent.

The issue, which carries a maturity of 91 days, begins tomorrow and matures on December 26. The expected return on the issue is 1.2 per cent.-TradeArabia News Service




Tags: Central Bank of Bahrain | sukuk |

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