Thursday, 13 November 2014

Central Bank of Bahrain oversubscribed for sukuk

The Central Bank of Bahrain (CBB) has announced that its monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 365%. Subscriptions worth BD73 million were received for the BD20 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 13 November 2014 and matures on 14 May 2015 is 0.82%, equivalent to 0.82% for the previous issue on 16 October 2014.

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

This is issue No.111 (BH00015A8104) of the short-term Sukuk Al-Ijara series.

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 16 November 2014 and the maturity date is 17 May 2015.

The weighted average rate of interest is 0.80%, equivalent to 0.80% for the previous issue on 5 October 2014.

The approximate average price for the issue was 99.597%, with the lowest accepted price being 99.597%.

This is issue No. 1521 (ISIN BH000GQ96783) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion. - See more at: http://www.noodls.com/view/94BA1FEE13C43706401218D552CDB1F8E07594A8?6842xxx1415788078#sthash.t2EeBpS8.dpuf

The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is 16 November 2014 and the maturity date is 17 May 2015.

The weighted average rate of interest is 0.80%, equivalent to 0.80% for the previous issue on 5 October 2014.

The approximate average price for the issue was 99.597%, with the lowest accepted price being 99.597%.

This is issue No. 1521 (ISIN BH000GQ96783) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 1.230 billion. - See more at: http://www.noodls.com/view/94BA1FEE13C43706401218D552CDB1F8E07594A8?6842xxx1415788078#sthash.t2EeBpS8.dpuf