Central Bank of Bahrain's sukuk oversubscribed by 246%
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 246%.
Subscriptions worth 63.891 million Bahraini dinar were received for the 26 million Bahraini dinar issue, which carries a maturity of 182 days.
The expected return on the issue, which begins today, and matures on July 3, 2025, is 5.62% equivalent to the previous issue on December 5, 2024.
The sukuk al-ijara is issued by the central bank on behalf of the Bahraini government.
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