CBB Sukuk Al-Ijara subscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijarah, has been subscribed by 100 per cent.
Subscriptions worth BD 26 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 16 March 2017 and matures on 14 September 2017, is 2.37 per cent equivalent to the previous issue on 9 February 2017.
The Sukuk Al-Ijarah are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.139 (BH0004401822) of the short-term Sukuk Al-Ijarah series.