CBB Sukuk Al-Ijara Oversubscribed

 

23 September 2010
Source : CBB

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 620%.

Subscriptions worth BD62 million were received for the BD10 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 23 September 2010 and matures on 24 March 2011, is 0.85%.

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

This is issue No.61 (BH000A1AQVG2) of the short-term Sukuk Al-Ijara series.