Manama, Sept. 10 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been fully subscribed by 100%.
Subscriptions worth BD 26 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 September 13 and matures on March 14, 2019, is 4.35% compared to 4.19% for the previous issue on August 9.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of Bahrain.
This is issue No.157 (BH0005674856) of the short-term Sukuk Al-Ijara series.
BNA 1017 GMT 2018/09/10