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 325%.
Subscriptions worth BD65 million were received for the BD20 million issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 17 April 2014 and matures on 16 October 2014, is 0.90 % compared to 1.00% for the previous issue on 20 March 2014.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.104 (BH0002035234) of the short-term Sukuk Al-Ijara series.
Central Bank of Bahrain (CBB)
Contact: External Communications Unit
Tel: +973 17547357/17547360
Tuesday, April 15- 2014 @ 13:23 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.