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.


AMEinfo Staff
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.