The Central Bank of Bahrain has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been fully subscribed by 100 per cent.

Subscriptions worth BD26.1 million ($68.7 million) were received for the BD26 million issue, which carries a maturity of 182 days

The expected return on the issue, which begins tomorrow and matures on November 12, is 1.25 per cent, compared with one per cent for the previous issue on April 16. - TradeArabia News Service