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 230%.
Subscriptions worth BD 23 million were received for the BD 10 million issue, which carries a maturity of 182 days.
The expected return on the issue, which begins on 20 May 2010 and matures on 18 November 2010, is 0.88%.
The Sukuk Al-Ijara are issued by the CBBon behalf of the Government of the Kingdom of Bahrain.
source : zawya