The Central Bank of Bahrain yesterday announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 370 per cent.
Subscriptions worth BD18.5 million were received for the BD5m issue, which carries a maturity of 182 days.
The expected return on the issue, which begins tomorrow and matures on August 20, is 1.29pc. This is issue number 42 (BH000A0T90P6) of the short-term Sukuk Al Ijara series.
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