Launch Partners

Launch Partners

CBG completes Sukuk Salam auction

GAMBIA: The Central Bank of The Gambia (CBG) has published the auction results for its three-month, six-month and one-year Sukuk Salam facilities issued on the 13th March 2024.

The three-month Islamic paper worth GMD2.25 million (US$33,081.5) was fully subscribed, the six-month Islamic paper worth GMD300,000 (US$4,410.87) was also fully subscribed and the one-year Islamic paper worth GMD37.45 million (US$550,624) was oversubscribed by GMD2.42 million (US$35,581).

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