CBB Sukuk Al-Ijara Oversubscribed
Published on 8 September 2021
Media Center Press Release Treasury Bills
Manama, Bahrain – 7th September 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 680%.
Subscriptions worth BD 176.766 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 9th September 2021 and matures on 10th March 2022, is 1.49% compared to 1.51% of the previous issue on 5th August 2021.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.193 (BH0009925IB6) of the short-term Sukuk Al-Ijara series.