CBB Sukuk Al-Ijara oversubscribed by 226%

Manama, July 2 (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 226%.


Subscriptions worth BD 59 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 July 4 and matures on January 2, 2025, is 6.05%, equivalent to the previous issue on June 6.


The Sukuk Al-Ijara are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain.


This is issue No.227 (BH0005164676) of the short-term Sukuk Al-Ijara series.





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