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Bahrain: CBB Sukuk Al-Ijara Subscribed

IM Press Release
By IM Press Release
7 years ago
Bahrain: CBB Sukuk Al-Ijara Subscribed

Ijara , Islam, Sukuk , Al-ijar

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  1. IB Press Release Service Published on IslamicBanker .com Publications: https://www.islamicmarkets.com/publications CBB Sukuk Al-Ijara subscribed 10 January 2017 Manama, Bahrain: The Central Bank of Bahrain (CBB) announces 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 12th January 2017 and matures on 13th July 2017, is 2.30 % compared to 2.25% for the previous issue on 15th December 2016. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.137 (BH0006262IT9) of the short-term Sukuk Al-Ijara series. Organisation Name: News Type: Source: The Central Bank of Bahrain (CBB) SUKUK ANNOUNCEMENT The Central Bank of Bahrain (CBB) Press Releases