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Issue 13 - SEPTEMBER 2017
www.bahrainbourse.comBAHRAIN BOURSE LISTS BD125 MILLION GOVERNMENT
ISLAMIC LEASE (IJARA) SECURITIES (SUKUK) – 24
TH
ISSUE
Bahrain Bourse announced on
Sunday, 23
rd
July 2017 the list-
ing of the Government Islamic
Lease (Ijara) Securities (sukuk)
– Issue No. 24 that has been is-
sued by the CBB on behalf of the
Government of Bahrain through
registered brokers at Bahrain
Bourse. The sukuk will be trad-
ed under the symbol GILS24.
SUK as of Monday, 24
th
July 2017.
The BD125 million sukuk is-
sued at a par value of BD1 each
on 17
th
July 2017 for a period of
3 years ending on 17
th
July 2020.
The annual fixed return on these
securities is 4.20%, and will be
paid every six months on 17
th
July and 17
th
January every year
throughout the period of this issue.
As of Monday, investors will be
able to sell and buy the sukuk by
placing their orders through the
brokers who will feed them into
the trading system. The system
will automatically match the or-
ders in accordance to the price
priority then time priority, with
a minimum of BD 400 per trans-
action in the primary market.
Following the listing of this is-
sue, the number of conven-
tional bonds and sukuk issues
listed on BHB reached 14 is-
sues with an approximate to-
tal value of US$ 6.416 billion.
GUeSTS
Dr. Fawzi Abdulrahman Al-Jowder, Undersecretary for Education Affairs and Curriculum
H.E. the Ambassador of the Republic of Korea Mr. Hyunmo Koo and Counsellor and Deputy Head of Mission Mr. Youngki Yun