Manama, Bahrain – 9th June 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 406%.
Subscriptions worth BD 105.518 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 11th June 2020 and matures on 10th December 2020, is 2.62% compared to 2.70 of the previous issue on 7th May 2020.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.178 (BH0007045H79) of the short-term Sukuk Al-Ijara series.