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CBB Sukuk Al-Ijara Oversubscribed

17/05/2011 03:06:29 PM GMT   Comments ()     Add a comment   Print     E-mail to friend

Manama, Bahrain - 17 May 2011 - 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 470%. Sub!--ions worth BD47 million were received for the BD10 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 19 May 2011 and matures on 17 November 2011, is 1.35%. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.69 (BH00076Z37H0) of the short-term Sukuk Al-Ijara series. -Ends-

© Press Release 2011¬

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