Central Bank of Bahrain Sukuk Al-Ijara oversubscribed by 732%

Published 07 Jul,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 732%.

Subscriptions worth BD 190.425 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 8th July 2021 and matures on 6th January 2022, is 1.59% compared to 1.67% of the previous issue on 10th June 2021.

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

This is issue No.191 (BH0008635870) of the short-term Sukuk Al-Ijara series.

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