24 Hrs
Source:
البلاد
Bank of Bahrain and Kuwait issues 30 mln dinar Islamic sukuk
The article focused on the Central Bank of Bahrain's announcement regarding the coverage of two important financial issuances. A short-term Islamic sukuk issuance worth 30 million dinars was oversubscribed at a projected return of 5.34%, with a coverage ratio of 154%. Additionally, the weekly government treasury bills issuance of 70 million dinars was successfully covered, reflecting the resilience of the financial sector and the success of the Kingdom's monetary policies.
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