CBB Sukuk Al-Ijarah over-subscribed
The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijarah, has been over-subscribed by 161 per cent.
Subscriptions worth BHD 41.8 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 13th April 2017 and matures on 12 October 2017, is 2.37 per cent equivalent to the previous issue on 16th March 2017.
The Sukuk Al-Ijarah are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.140 (BH00018H3097) of the short-term Sukuk Al-Ijarah series.