Manama, 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 391%. Subscriptions worth BD 102 million were received for the BD 26 million issue, which carries a maturity of 182 days. The expected return on the issue, which begins on 3rd October 2024 and matures on April 3, 2025, is 5.70% compared to 5.94% of the previous issue onSeptember 5. The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain. This is issue No.230 (BH0006175S62) of the short-term Sukuk Al Ijara series. Source: Bahrain News Agency
Related Articles
Business Delegation from North Al Batinah Explores Investment Opportunities in Egypt
Cairo: A business delegation from Oman Chamber of Commerce and Industry (OCCI) branch in North Al Batinah Governorate explored, during its visit to the Arab Republic of Egypt, available investment opportunities and commercial cooperation between the t…
Real Madrid Announce Xabi Alonso as New Head Coach
Madrid: Real Madrid has made official the appointment of Xabi Alonso as the new first team coach for the next three seasons. After several months of conversations and doubts about the future of Carlo Ancelotti, the club has finally opted for a new pro…
Study Documents Extinction Threats to World’s Freshwater Species
London: Freshwater environments cover about 1% of Earth’s surface while accounting for more than 10% of known species. Like many marine and terrestrial ecosystems, however, they are in distress. A new study looking at some of the denizens of freshwate…