THE Autoriti Monetari Brunei Darussalam (AMBD), agent to the Government of His Majesty The Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, announced the successful pricing of its 113th issuance of short-term Sukuk Al-Ijarah securities.
According to a press release, the total of the sukuk issuance was B$100 million. The 113th series was issued on November 20 with the maturity date of May 21, 2015. The tenor is 182 days with the rental rate of 0.24 per cent.
With this issuance, the Brunei Government has thus far issued over B$8.13 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006, and the total holdings of the Brunei Government Sukuk outstanding until November 20 stood at B$800 million.