The Central Bank of Bahrain (CBB) has decided today and effective immediately to raise its key policy interest rate. The CBB’s key policy interest rate on the one-week deposit facility is raised from 1.50% to 1.75%. The CBB has also decided to increase the overnight deposit rate from 1.25% to 1.50% and adjust both the one-month deposit rate from 2.15%Read more
The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al Salam Islamic securities, has been subscribed by 100%.
Subscriptions worth BD 43 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 22nd November 2017 and matures on 21st FebruaryRead more