Arab Today, arab today sukuk alijara oversubscribed by 260
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Sukuk Al-Ijara oversubscribed by 260%

Arab Today, arab today

Arab Today, arab today Sukuk Al-Ijara oversubscribed by 260%

Manama - BNA

The Central Bank of Bahrain (CBB) announced yesterday that its monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, had been oversubscribed by 260%. Subscriptions worth BD 52 million were received for the BD 20 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 14 February 2013 and matures on 15 August 2013, is 1.10%. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No. 90 (BH000C7Y6805) of the short-term Sukuk Al-Ijara series.

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