Next in series of CBB Sukuk Al-Ijarah subscribed
The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijarah, has been subscribed by 161 per cent.
Subscriptions worth BD 41.8 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 13 April 2017 and matures on 12 October 2017, is a 2.37 per cent equivalent to the previous issue on 16 March 2017.
The Sukuk Al-Ijarah series is 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.