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Bahrain Central Bank Sukuk oversubscribed
- Bahrain: Wednesday, August 19 - 2009 at 10:08
The Central Bank of Bahrain has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 300%. Subscriptions worth BD15m were received for the BD5m issue, which carries a maturity of 182 days, CBB has said. The expected return on the issue, which begins on 20 August 2009 and matures on 18 February 2010, is 1.05%.
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StaffWednesday, August 19 - 2009 at 10:08 UAE local time (GMT+4)
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