CBB Sukuk Al-Ijara Oversubscribed
Published on 30 January 2024
Manama, Bahrain – 30th January 2024 – 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 450%.
Subscriptions worth BD 117.093 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 1st February 2024 and matures on 1st August 2024, is 6.05% compared to 6.31% of the previous issue on 4th January 2024.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.222 (BH00021432L7) of the short-term Sukuk Al-Ijara series.