The monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%, announced the Central Bank of Bahrain (CBB).
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 16th March 2017 and matures on 14th SeptemberRead more
The Central Bank of Bahrain (CBB) has decided today and effective immediately to raise its key policy interest rate.
CBB’s key policy interest rate on the one-week deposit facility raised from 1.00% to 1.25%. The CBB has also decided to increase the overnight deposit rate from 0.75% to 1.00% and adjust both the one-month deposit rate from 1.50% to 1.75%Read more