Breaking News
- Chery Wins the Sixth Straight Championship of Quality Olympics
- SAL Saudi Logistics Services and Menzies Aviation sign MoU to collaboratively deliver world-class passenger handling services for Low-cost carriers at Saudi airports
- Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project
- Green Steel Technology Company Boston Metal Announces $120M Series C Financing Led by ArcelorMittal
- SLB Announces Fourth-Quarter and Full-Year 2022 Results
- FarEye’s Eye on Last-mile Delivery Report Finds 84% of Retailers Lack Control of their Outsourced Delivery Networks
- TURN YOUR HOME INTO THE BEST DESTINATION FOR A STAYCATION WITH LG TVs
- Morocco, Bahrain Commit to Improve Cooperation in Industry, Trade
- Bahrain Declaration in Europe inaugurated in Italy
- NIAD: 1,194 seedlings to be planted along 16 December Avenue in Southern Governorate
CBB Sukuk Al Ijara oversubscribed by 182%
November 2, 2022
islamic finance
Manama, Nov. 1 (BNA): The Central Bank of Bahrain (CBB) said that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 182%.
Subscriptions worth BD 47.363 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 November 3 and matures on May 4, 2023, is 5.20% compared to 4.70% of the previous issue on October 6.
The Sukuk Al Ijara are issued by the CBB on behalf of the Government of Bahrain.
This is issue No.207 (BH000W9763D8) of the short-term Sukuk Al Ijara series.
bna