CBBâ€™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.