Breaking News
- Walmart and Western Union Enter Agreement to Offer Western Union Money Transfers at Walmart
- Ras Al Khaimah adds new landmark with the longest suspended bridge in the Northern Emirates
- Mitsubishi Xpander debuts in the Middle East
- MG celebrates Middle East success of new 2021 MG ZST with MAX Power, MAX Tech & MAX Thrill Campaign
- Bahrain Bourse announces the results of its Investor satisfaction survey
- Labor and Social Development ministry signs MoUs with eight private training centers
- Silah Gulf partners with Cisco to revolutionize customer experience in GCC
- Bahrain attracts US$885m investment in 2020
- Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest
- Julie Dehaene-Puype and Erik Nordkamp appointed as new regional Commercial Officers for Mundipharma
CBB Sukuk Al-Ijara oversubscribed
January 6, 2021
banking
Manama, Jan. 5 (BNA): The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 477%.
Subscriptions worth BD 124million were received for the BD 26 million issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 7th January2021and matures on 8th July 2021, is 2.58% compared to 2.60 of the previous issue on 10th December 2020.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.185(BH0001C80006) of the short-term Sukuk Al-Ijara series.
bna