Central bank of Bahrain Sukuk Al-Ijara oversubscribed by 491%
- Date: 05-Aug-2021
- Source: Salaam Gateway
- Sector:Financial Services
- Country:Bahrain
Central bank of Bahrain Sukuk Al-Ijara oversubscribed by 491%
Published 04 Aug,2021 via bizbahrain - 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 491%.
Subscriptions worth BD 127.631 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 August 2021 and matures on 3rd February 2022, is 1.51% compared to 1.59% of the previous issue on 8th July 2021.
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