Manama, July 11 (BNA): The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%.
Subscriptions worth BD 26 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 13th July 2017 and matures on 11th January 2018, is 2.45% compared to 2.37 for the previous issue on 15th June 2017.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No.143 (BH00015X0971) of the short-term Sukuk Al-Ijara series.