CBB Sukuk Al-Ijara oversubscribed by 639%

SourceBizbahrain
SectorFinancial Services
CountryBahrain

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 639%. Subscriptions worth BD 166.265 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 10th September 2020 and matures on 11th March 2021, is 2.54% compared to 2.50 of the previous issue on 6th August 2020. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.181 (BH0007851486) of the short-term Sukuk Al-Ijara series. Post Views: 54 ...read more...