CBB Sukuk Al-Ijara Oversubscribed
Published on 11 June 2019
Manama, Bahrain – 11th June 2019 – 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 672%.
Subscriptions worth BD 174.7 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 13th June 2019 and matures on 12th December 2019, is 3.35% compared to 3.70% for the previous issue on 9th May 2019.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.166 (BH000A157411) of the short-term Sukuk Al-Ijara series.