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CBB's monthly Sukuk Al-Ijara oversubscribed by 220%
02 : 27 PM - 14/05/2013
Manama: May 14 -- (BNA)-- The Central Bank of Bahrain (CBB) announced today that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 220%.


Subscriptions worth BD 43.9 million received for the BD 20 million issue carries a maturity of 182 days. The expected return on the issue, which begins on 16 May 2013 and matures on 14 November 2013, is 0.85% equivalent to 0.85% for the previous issue on 18th April 2013.

The Sukuk Al-Ijara bonds are usually issuable by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No. 93 (BH00034P09E6) of the short-term Sukuk Al-Ijara series. (IY)

I.Y

BNA 1110 GMT 2013/05/14
Number of readings : 1197        Last updated : 02 : 27 PM - 14/05/2013

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