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Bahrain C. Bank issues BHD 26m sukuk

Bahrain C. Bank issues BHD 26m sukuk
The CBB

Mubasher: The Central Bank of Bahrain’s (CBB) BHD 26-million monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 532%.

Receiving BHD 138.309 million in subscription, the issue will be mature in 182 days, according to a statement.

The issue’s return is expected to stand at 2.85% and will mature on 12 March 2020.