The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been fully subscribed by 100%. Subscriptions worth BD 26 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 13th September 2018 and matures on 14th March 2019, is 4.35% compared to 4.19% for the previous issue on 9th August 2018.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.157 (BH0005674856) of the short-term Sukuk Al-Ijara series.
Source Salaam Gateway