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CBB Sukuk Al-Ijara oversubscribed

September 16, 2015 11:54 am

Central Bank of Bahrain building.

The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%.

Subscriptions worth BD26 million were received for the BD26 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 17 September 2015 and matures on 17 March 2016, is 1.40 % compared to 1.31% for the previous issue on 13 August 2015.

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

This is issue No.121 (BH000577N570) of the short-term Sukuk Al-Ijara series.


By AMEinfo Staff
AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.