Manama, Bahrain – 6th August 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 335%.
Subscriptions worth BD 86.987 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 8th August 2019 and matures on 6th February 2020, is 2.95% compared to 3.18% for the previous issue on 11th July 2019.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.168 (BH0003436175) of the short-term Sukuk Al-Ijara series.