Manama, Sept. 5 (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 593%.
Subscriptions worth BD 154.225 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 September 7 and matures on March 7, 2024, is 6.46% compared to 6.30% of the previous issue on August 3.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.217 (BH00028954P4) of the short-term Sukuk Al-Ijara series.
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