CBB Sukuk Al-Ijara Oversubscribed
Published on 6 July 2021
Media Center Press Release Treasury Bills
Manama, Bahrain – 6th July 2021 – 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 732%.
Subscriptions worth BD 190.425 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 8th July 2021 and matures on 6th January 2022, is 1.59% compared to 1.67% of the previous issue on 10th June 2021.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.191 (BH0008635870) of the short-term Sukuk Al-Ijara series.