CBB Sukuk Al-Ijara Oversubscribed
Published on 1 October 2024
Manama, Bahrain – 1st October 2024 – 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 391%.
Subscriptions worth BD 102 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 3rd October 2024 and matures on 3rd April 2025, is 5.70% compared to 5.94% of the previous issue on 5th September 2024.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.230 (BH0006175S62) of the short-term Sukuk Al-Ijara series.