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06/08/2021 | Press release | Distributed by Public on 06/08/2021 05:02

CBB Sukuk Al-Ijara Oversubscribed (June 8th, 2021)

Published on 8 June 2021

Media Center Press Release

Manama, Bahrain - 8^th June 2021 - 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 675%.

Subscriptions worth BD 175.425 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 10^th June 2021 and matures on 9^th December 2021, is 1.67% compared to 1.70% of the previous issue on 6^th May 2021.

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

This is issue No.190 (BH000357N775) of the short-term Sukuk Al-Ijara series.

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