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CBB Sukuk Al-Ijara oversubscribed

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 551%.

Subscriptions worth BD 143.313 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 6th April 2023 and matures on 5th October 2023, is 6.00% compared to 6.13 of the previous issue on 9th March 2023.

Link: https://www.zawya.com/en/press-release/companies-news/cbb-sukuk-al-ijara-oversubscribed-ewa12gf9

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