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Sukuk.net: CBB Sukuk Al-Ijara oversubscribed

23/06/2009 11:45:00 AM GMT   Comments ()     Add a comment     Print     E-mail
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Sukuk.net: CBB Sukuk Al-Ijara oversubscribed
Sukuk.net: CBB SUKUK AL-IJARA OVERSUBSCRIBED
Sukuk.net: CBB Sukuk Al-Ijara oversubscribed
Sukuk.net: CBB SUKUK AL-IJARA OVERSUBSCRIBED
Sukuk.net: CBB Sukuk Al-Ijara oversubscribed

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 BD10m were received for the BD5m issue, which carries a maturity of 182 days.

The expected return on the issue, which begins on 25 June 2009 and matures on 24 December 2009, is 1.25%.

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

This is issue No.46 (BH000A0T90T8) of the short-term Sukuk Al-Ijara series.

Source: ameinfo
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