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Central Bank of Bahrain Sukuk Al-Ijara oversubscribed

Posted on 16 July 2012

The Central Bank of Bahrain (CBB) announces that the new issue of the long term Islamic leasing, Sukuk Al-Ijara, has been oversubscribed by 200%. Subscriptions worth BD320.310m were received for the BD160m issue, which carries a maturity of five years.
The expected return on the issue, which begins on 17 July 2012 and matures on 17 July 2017, is 4.30%………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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