CBB Sukuk Al Ijara oversubscribed by 248%

Manama, July 5 (BNA) The Central Bank of Bahrain announced that the monthly issuance of short-term Islamic leasing bonds, Ijara Sukuk, has exceeded 248%.

Subscriptions of BD64.5 million have been received for issues of BD26 million maturing within 182 days.

The expected return on the issue begins on July 7 and matures on January 5, 2023, which is 4.05% compared to 3.15% for the previous issue on June 9.

Ijara Sukuk are issued by the Central Bank of Bahrain on behalf of the Government of Bahrain.

This is version 203 (BH0004910517) of the Ijara Short Term Sukuk Series.

ZHB






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