Bahrain Sukuk Al-ijara Oversubscribed By 400%

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 400%.

Subscriptions worth BD 104 million were received for the BD 26 million issues, which carries a maturity of 182 days.

The expected return on the issue, which begins on 7^th October 2021 and matures on 7^th April 2022, is 1.43% compared to 1.49% of the previous issue on 9^th September 2021.

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