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CBB’s monthly Sukuk Al-Ijara oversubscribed by 220pct

Posted on 15 May 2013

The Central Bank of Bahrain (CBB) announced today that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 220%.
Subscriptions worth BD 43.9 million received for the BD 20 million issue carries a maturity of 182 days. The expected return on the issue, which begins on 16 May 2013 and matures on 14 November 2013, is 0.85% equivalent to 0.85% for the previous issue on 18th April 2013…………………………………..Full Article: Source

 
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