The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 220%.
Subscriptions worth BD57.2 million were received for the BD26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 11 February 2016 and matures on 11 August 2016, is 2.14% compared to 2% for the previous issue on 14 January 2015.
Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.126 (BH0005L57493) of the short-term Sukuk Al-Ijara series.