Manama, Bahrain - 5th January 2021 - 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 477%.
Subscriptions worth BD 124 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 7th January 2021 and matures on 8th July 2021, is 2.58% compared to 2.60 of the previous issue on 10th December 2020.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.185 (BH0001C80006) of the short-term Sukuk Al-Ijara series.
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Central Bank of Bahrain published this content on 05 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 January 2021 11:35:00 UTC