CBB Sukuk Al-Ijara oversubscribed

Monthly issue of the short-term Islamic leasing bonds has been oversubscribed by 396%

Press Release

September 3, 2024

PHOTO

Manama, Bahrain – 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 396%.

Subscriptions worth BD 103 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 5th September 2024 and matures on 6th March 2025, is 5.94% compared to 6.29% of the previous issue on 1st August 2024.

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

This is issue No.229 (BH0001344629) of the short-term Sukuk Al-Ijara series.

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