CBB Sukuk Al-Ijara Oversubscribed
Published on 10 March 2020
Media Center Press Release Treasury Bills
Manama, Bahrain – 10th March 2020 – 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 427%.
Subscriptions worth BD 110.892 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 12th March 2020 and matures on 10th September 2020, is 2.10% compared to 2.52% for the previous issue on 6th February 2020.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.175 (BH000S063R77) of the short-term Sukuk Al-Ijara series.