CBB Sukuk Al-Ijara Oversubscribed by 462%

CBB Sukuk Al-Ijara Oversubscribed by 462%

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 462%. Subscriptions worth BD 120.174 million were received for the BD 26 million issue, which carries a maturity of 182 days.The expected return on the issue, which begins on 7th December 2023 and matures on 6th  June 2024, is 6.38% compared to 6.39% to the previous issue on 2nd November 2023.The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.This is issue No.220 (BH00020007R5) of the short-term Sukuk Al-Ijara series. CBB Sukuk Al-Ijara Oversubscribed by 462%