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227th series of sukuk issued

The Brunei Darussalam Central Bank (BDCB), agent to the Government of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-ljarah issuances, announced the successful pricing of its 227th issuance of Sukuk Al-ljarah securities.

The total of the sukuk issuance was BND100 million. The issuance date was January 18, 2024, with a maturity date of April 18, 2024, which is a tenor of 91 days, with a rental rate of 3.4375 per cent.

With the issuance, the Brunei Government has thus far issued BND16.68 billion worth of Sukuk Al-ljarah securities since the maiden offering on April 6, 2006.

The total holdings of the Brunei Government sukuk outstanding as at January 18 stood at BND355 million.

An aerial view of Bandar Seri Begawan. PHOTO: RAFI ROSLI
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