30-04-2025
- Business
- Bahrain News Gazette
CBB Sukuk Al Ijara Oversubscribed by 258%
Manama: The Central Bank of Bahrain (CBB) has announced that the monthly issue of its short-term Islamic leasing (Ijara) Sukuk has been oversubscribed by 258%. The total subscriptions reached BD 67.134 million for a BD 26 million issue, which has a maturity period of 182 days.
According to Bahrain News Agency, the expected return on this issue, which commenced on May 1 and will mature on October 30, is set at 5.28%. This is slightly higher than the 5.25% return offered in the previous issue dated April 3. The Sukuk Al Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This oversubscribed issue is identified as No.237 (BH0001617859) in the series of short-term Sukuk Al Ijara.
