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CBB Sukuk Al-Ijara oversubscribed by 680%

September 9, 2021
bankingislamic finance

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 680%.

Subscriptions worth BD 176.766 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 9th September 2021 and matures on 10th March 2022, is 1.49% compared to 1.51% of the previous issue on 5th August 2021.

The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.193 (BH0009925IB6) of the short-term Sukuk Al-Ijara series.

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