CBB Sukuk Al-Ijara Oversubscribed by 450%

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 450%.

Subscriptions worth BD 117.093 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 1st February 2024 and matures on 1st August 2024, is 6.05% compared to 6.31% of the previous issue on 4th January 2024.

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

This is issue No.222 (BH00021432L7) of the short-term Sukuk Al-Ijara series.

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