CBB Sukuk Al-Ijara subscribed
Manama, Bahrain –7th February 2017 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 117%.
Subscriptions worth BD 30.45 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 9th February 2017 and matures on 10th August 2017, is 2.37 % compared to 2.30% for the previous issue on 12th January 2017.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.138 (BH00088A81B9) of the short-term Sukuk Al-Ijara series.