Manama: The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic Ijara Murabaha Sukuk has been fully subscribed by 100%.
According to Bahrain News Agency, subscriptions worth BD 30 million were received for the BD 30 million issue, which carries a maturity period of 364 days. The expected return on this issue, starting on March 30 and maturing on March 29, 2027, is 5.04%, compared to 4.62% from the previous issue on March 2.
The Ijara Murabaha Sukuk are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This release marks issue 12IM/4 (BH000670VA08) of the short-term Ijara Murabaha Sukuk series.