CBB Sukuk Al-Ijara Oversubscribed
Published on 3 January 2023
Media Center Press Release Treasury Bills
Manama, Bahrain – 3rd January 2023 – 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 341%.
Subscriptions worth BD 88.644 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 5th January 2023 and matures on 6th July 2023, is 6.09% compared to 6.00% of the previous issue on 8th December 2022.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.209 (BH000S6626U2) of the short-term Sukuk Al-Ijara series.