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 400%.
Subscriptions worth BD 104 million were received for the BD 26 million issues, which carries a maturity of 182 days.
The expected return on the issue, which begins on 7th October 2021 and matures on 7th April 2022, is 1.43% compared to 1.49% of the previous issue on 9th September 2021.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
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