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CBB Sukuk Al-Ijara oversubscribed.


Byline: news@cpifinancial.net (Staff Writer)

The Central Bank of Bahrain The Central Bank of Bahrain was established in 1973 as the Bahrain Monetary Agency, shortly after Bahrain gained its independence from the United Kingdom. As per Decree No.  (CBB CBB Celebrity Big Brother
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) said that the latest issue of its long term Islamic leasing bonds, Sukuk Al-Ijarah, has been oversubscribed Refers to connecting more users to a system than can be fully supported if all of them were using it at the same time. Networks and servers are almost always designed with some amount of oversubscription, counting on the fact that everybody does not need the service simultaneously.  by 145 per cent.

Subscriptions worth BHD BHD

In currencies, this is the abbreviation for the Bahraini Dinar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 238.99 million ($633.88 million) were received for the BHD 165 million ($437.6 million) issue, which carries a maturity of three years.

The expected return on the issue, which begins on 24 September 2009 and matures on 24 September 2012, is 3.75 per cent.

The Sukuk Al-Ijarah are issued by the CBB on behalf of the Government of Bahrain.

This is issue No. 16 of the long-term Sukuk Al-Ijara series.

2009 CPI Financial. All rights reserved.

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Publication:CPI Financial
Date:Sep 20, 2009
Words:123
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