CBB Sukuk Al-Ijara oversubscribed | CBB Sukuk Al-Ijara oversubscribed -
CBB

CBB Sukuk Al-Ijara oversubscribed

: Tuesday, July 15 - 2014 @ 14:06

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 240%.

Subscriptions worth BD48 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 July 2014 and matures on 15 January 2015, is 0.80 % compared to 0.85% for the previous issue on 19 June 2014.

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

This is issue No.107 (BH0007696949) of the short-term Sukuk Al-Ijara series.

Contact:
Central Bank of Bahrain (CBB)
External Communications Unit
Tel: +973 17547357/17547360
E-mail: [email protected]
Website: www.cbb.gov.bh

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Tuesday, July 15- 2014 @ 14:06 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.

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