CBB Sukuk Al-Ijara Oversubscribed
Published on 2 August 2022
Media Center Press Release
Manama, Bahrain – 2nd August 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 271%.
Subscriptions worth BD 70.5 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 4th August 2022 and matures on 2nd February 2023, is 3.95% compared to 4.05% of the previous issue on 7th July 2022.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.204 (BH00010I85F8) of the short-term Sukuk Al-Ijara series.