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 6th March 2024.

The three-month Islamic paper worth GMD1 million (US$14,703.6) was fully subscribed, the six-month Islamic paper worth GMD16.7 million (US$245,550) was also fully subscribed and the one-year Islamic paper worth GMD32.3 million (US$474,926) was oversubscribed by GMD13.73 million (US$201,880).

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