CBB Sukuk Al-Ijara oversubscribed by 410%

Manama, Apr. 6 (BNA): The monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 410%, the Central Bank of Bahrain (CBB) has announced.

Subscriptions worth BD 106.533 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 April 8, 2021 and matures on October 7, 2021, is 1.35% compared to 1.69% of the previous issue on March 11, 2021.

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

This is issue No.188 (BH0009804T64) of the short-term Sukuk Al-Ijara series.



Source: Bahrain News Agency

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