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CBB Sukuk Al-Ijara over subscribed

Posted on 21 March 2013

The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 205%. Subscriptions worth BD41m were received for the BD20m issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 21 March 2013 and matures on 19 September 2013, is 0.95% compared to 1.10% the last issue. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain………………………………………..Full Article: Source

 
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