Tuesday 08, August 2017 by Nabilah Annuar

CBB’s August Sukuk Al-Ijarah fully subscribed

The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijarah, has been subscribed by 100 per cent.

Subscriptions worth BHD 26 million were received for the BHD 26 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 10 August 2017 and matures on 8 February 2018, is 2.52 per cent compared to 2.45 per cent for the previous issue on 13 July 2017.

The Sukuk Al-Ijarah are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.144 (BH00077UV743) of the short-term Sukuk Al-Ijarah series.

 

 

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