CBB Sukuk Al Ijara oversubscribed by 684%

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Manama, Jan. 31 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 684%.


Subscriptions worth BD 177.779 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 February 2 and matures on August 3, is 6.13% compared to 6.09% of the previous issue on January 5 2023.


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


This is issue No.210 (BH000L211652) of the short-term Sukuk Al Ijara series.