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 200%.
Subscriptions worth BD10 million were received for the BD5 million issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 27 March 2008 and matures on 25 September 2008, is 1.95%.
The Sukuk Al-Ijara securities are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
This is issue No. 31 (BH000A0UDGQ0) of the short-term Sukuk Al-Ijara series. |