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
|