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 425%.
Subscriptions worth BD85 million were received for the BD20m issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 20 March 2014 and matures on 18 September 2014, is 1.00 % compared to 1.10% for the previous issue on 13 February 2014.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.103 (BH0008C74558) of the short-term Sukuk Al-Ijara series.
Central Bank of Bahrain (CBB)
External Communications Unit
Tel: +973 17547357/17547360
Wednesday, March 19- 2014 @ 11:41 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.