Manama, Bahrain – 5th August 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 358%.
Subscriptions worth BD 93.186 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 6th August 2020 and matures on 4th February 2021, is 2.50% compared to 2.58 of the previous issue on 9th July 2020.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.180 (BH0007170937) of the short-term Sukuk Al-Ijara series.