CBB Sukuk Al-Ijara Oversubscribed
Published on 5 July 2022
Media Center Press Release Treasury Bills
Manama, Bahrain – 5th July 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 248%.
Subscriptions worth BD 64.5 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 7th July 2022 and matures on 5th January 2023, is 4.05% compared to 3.15% of the previous issue on 9th June 2022.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.203 (BH0004910517) of the short-term Sukuk Al-Ijara series.