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 286%.
Subscriptions worth BD 74.488 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 October 31 and matures on May 1, 2025, is 5.70% equivalent to the previous issue on October 3.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.231 (BH0006L97K15) of the short-term Sukuk Al-Ijara series.