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CBB Sukuk Al-Ijara oversubscribed by 170 pct

Posted on 21 March 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 170 per cent.
Subscriptions worth BHD 34 million were received for the BHD 20 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 22 March 2012 and matures on 20 September 2012, is 1.34 per cent………………………………………..Full Article: Source

 
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