Mubasher: The Central Bank of Bahrain (CBB) announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been over-subscribed by 148%, according to a statement issued on Tuesday.
Subscriptions worth BHD 38.5 million were received for the BHD 26 million issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 15 June 2017 and matures on 14 December 2017, is 2.37% equivalent to the previous issue on 09 May 2017, the statement indicated.
