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CBB Sukuk Al-Ijara Issue (70) Oversubscribed
02 : 32 PM - 21/06/2011
Manama, June 21 (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 470%.
Subscriptions worth BD94 million were received for the BD20 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 23 June 2011 and matures on 22 December 2011, is 1.05%. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.70 (BH0007464272) of the short-term Sukuk Al-Ijara series. EM
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