Manama, Bahrain – 31st October 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 431%.
Subscriptions worth BD 111.978 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 2nd November 2023 and matures on 2nd May 2024, is 6.39% equivalent to the previous issue on 5th October 2023.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.219 (BH0002352X85) of the short-term Sukuk Al-Ijara series.