CBB Sukuk Al Ijara oversubscribed by 684%

Manama, Jan. 31 (BNA): The Central Bank of Bahrain announced that the monthly issuance of short-term Islamic leasing bonds, sukuk al-ijara, was oversubscribed by 684%.

Subscriptions of BD 177.779 million were received for the BD 26 million issue which has a maturity of 182 days.

The expected yield on the issue, which commences on February 2 and matures on August 3, is 6.13% compared to 6.09% for the previous issue on January 5, 2023.

Ijarah sukuk are issued by the Central Bank of Bahrain on behalf of the Government of the Kingdom of Bahrain.

This is Issue No. 210 (BH000L211652) of the Short-Term Ijarah Sukuk Series.

ZHB







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