CBB Sukuk Al-Ijara oversubscribed
Manama, Bahrain – 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 126%.
Subscriptions worth BD 32.8 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 9th June 2022 and matures on 8th December 2022, is 3.15% compared to 2.34% of the previous issue on 5th May 2022.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.202 (BH0001113214) of the short-term Sukuk Al-Ijara series.