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The Central Bank of Bahrain (CBBH) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%.
Subscriptions worth BD 26 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 12th October 2017 and matures on 12th April 2018, is 2.75% equivalent to the previous issue on 14th September 2017.
The Sukuk Al-Ijara are issued by the CBB on behalf of the Government of the Kingdom of Bahrain.
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