CBB Sukuk Al-Ijara Oversubscribed
Published on 3 November 2020
Media Center Press Release Treasury Bills
Manama, Bahrain – 3rd November 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 501%.
Subscriptions worth BD 130.239 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 5th November 2020 and matures on 6th May 2021, is 2.60% equivalent to the previous issue on 8 October 2020.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.183 (BH0001282795) of the short-term Sukuk Al-Ijara series.