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CBB Sukuk Al-Ijara oversubscribed by 628%

January 5, 2022
islamic 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 628%.

Subscriptions worth BD 163 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 6th January 2022 and matures on 7th July 2022, is 1.65% compared to 1.63% of the previous issue on 9th December 2021.

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

This is issue No.197 (BH0001101714) of the short-term Sukuk Al-Ijara series.

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