CBB Sukuk Al-Ijara Oversubscribed

CBB Sukuk Al-Ijara Oversubscribed

CBB Sukuk Al-Ijara OversubscribedWORLDMiddle EastAfricaIndian Sub-continentChina and Asia Pacific UK and EuropeAmericasRussiaECONOMYGlobalGCCAfricaLevantNorth AfricaISLAMIC ECONOMYIslamic FinanceIslamic BusinessIslamic Finance ReportsIslamic Finance GlossaryBUSINESSAviationBanking & InsuranceCareersEducationEnergyFintechHealthcareHospitalityManufacturingReal EstateRetail & ConsumerTechnology and TelecomTransport and LogisticsTravel and TourismSMEsFinance MarketingTechnologyLegalPeopleMARKETSCommoditiesCurrenciesEquitiesFixed IncomeWEALTHAlternative InvestmentsFundsWealth ManagementSustainabilityLEGALCrime and SecurityImmigrationPolicy RegulationsLIFECultureEntertainmentFoodHealthLeisure & TravelSportsOPINIONBusiness InsightsPROJECTSBRIConstructionIndustryMiningOil & GasUtilitiesSPECIAL COVERAGERamadan and Eid 2023COP 28: Talking Climate in UAEUAE Realty MarketThe Future of CryptosFocus: Global Wealth FundsRussia-Ukraine CrisisMULTIMEDIAGalleriesVideosPRESS RELEASE Companies NewsGovernment NewsPeople in the NewsResearch & StudiesEvents and ConferencesAfrica Press ReleasesAsia Press ReleasesHome page>PRESS RELEASE>Companies News>CBB Sukuk Al-Ijara Overs...PHOTOManama, Bahrain: 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 457%.Subscriptions worth BD 118.783 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 5th October 2023 and matures on 4th  April 2024, is 6.39% compared to 6.46% of the previous issue on 7th September 2023.The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.This is issue No.218 (BH000F964712) of the short-term Sukuk Al-Ijara series.Send us your press releases to [email protected] © Press Release 2023 TOP PRESS RELEASES1.Albal Design launches UAE's first science based interior