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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Performance more

CBB’s Sukuk big success

Posted on 16 February 2012

The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 190 per cent.
Subscriptions worth BD38 million were received for the BD20m issue, which carries a maturity of 182 days. The expected return on the issue, which begins on February 16 and matures on August 16 is 1.4pc. The Sukuk Al Ijara are issued by the CBB on behalf of the government of Bahrain………………………………………..Full Article: Source

 
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