Islamic Leasing Bonds Issue No.121 fully subscribed: CBB

Manama, Sept. 16 (BNA): The Central Bank of Bahrain (CBB) on Tuesday announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%. Subscriptions worth BD26 million were received for the BD26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 17 September 2015 and matures on 17 March 2016, is 1.40 % compared to 1.31% for the previous issue on 13 August 2015. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.121 (BH000577N570) of the short-term Sukuk Al-Ijara series.