CBB Sukuk Al-Ijara oversubscribed

02/11/2022

The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 182%.

Subscriptions worth BD 47.363 million were received for the BD 26 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 3rd November 2022 and matures on 4th May 2023, is 5.20% compared to 4.70% of the previous issue on 6th October 2022.

The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.

This is issue No.207 (BH000W9763D8) of the short-term Sukuk Al-Ijara series.

https://www.zawya.com/en/press-release/companies-news/cbb-sukuk-al-ijara-oversubscribed-falcn4bl

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