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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 344%.
Subscriptions worth BD 89.424 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 December 2024 and matures on 5th June 2025, is 5.62% compared to 5.70% of the previous issue on 31st October 2024.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.232 (BH0009168228) of the short-term Sukuk Al-Ijara series.