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Government Sukuk issue 143 fully subscribed

July 11, 2017 11:32 AM
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Government Sukuk issue 143 fully subscribed

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.


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