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 millions were received for the BD5 millions issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 20 November 2008 and matures on 21 May 2009, is 2.70%.

The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.