Central bank of Bahrain Sukuk Al-Ijara oversubscribed by 491%

Published 04 Aug,2021 via bizbahrain - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 491%.

Subscriptions worth BD 127.631 million were received for the BD 26 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 5th August 2021 and matures on 3rd February 2022, is 1.51% compared to 1.59% of the previous issue on 8th July 2021.

The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.192 (BH0002804407) of the short-term Sukuk Al-Ijara series.

© Copyright 2021 bizbahrain. Provided by SyndiGate Media Inc. (Syndigate.info)

DISCLAIMER: This content is provided to us “as is” and unedited by an external third party provider. We cannot attest to or guarantee the accuracy of information provided in this article from the external third party provider. We do not endorse any views or opinions included in this article.