CBB Sukuk Al-Ijara Oversubscribed
Published on 2 May 2023
Media Center Press Release
Manama, Bahrain – 2nd May 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 403%.
Subscriptions worth BD 104.778 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 May 2023 and matures on 2nd November 2023, is 6.05% compared to 6.00 of the previous issue on 6th April 2023.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.213 (BH0008615237) of the short-term Sukuk Al-Ijara series.