Manama, Oct. 31 (BNA): 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 November and matures on May 2 2024, is 6.39% equivalent to the previous issue on October 5.
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.
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