CBB Sukuk Al-Ijara Oversubscribed
Published on 4 January 2022
Media Center Press Release Treasury Bills
Manama, Bahrain – 4th January 2022 – 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 628%.
Subscriptions worth BD 163 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 January 2022 and matures on 7th July 2022, is 1.65% compared to 1.63% of the previous issue on 9th December 2021.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.197 (BH0001101714) of the short-term Sukuk Al-Ijara series.