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 272%.

Subscriptions worth BD13.6 million were received for the BD5 million issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 22 November 2007 and matures on 22 May 2008, is 4.95%.

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

This is issue No. 27 (ISIN BH000A0NZXV3) of the short-term Sukuk Al-Ijara series.