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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 593%. Subscriptions worth BD 154.225 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 September 2023 and matures on 7th  March 2024, is 6.46% compared to 6.30% of the previous issue on 3rd August 2023.

 Link: https://www.zawya.com/en/press-release/companies-news/cbb-sukuk-al-ijara-oversubscribed-pqjwyh5f

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