23.2 C
Brunei
Saturday, July 2, 2022
23.2 C
Brunei
Saturday, July 2, 2022
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    Successful issuances of Brunei Darussalam government short-term sukuk Al-Ijarah Securities

    THE Autoriti Monetari Brunei Darussalam (AMBD), 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-Ijarah issuances, announced the successful pricing of its 165th issuance of short-term Sukuk Al-Ijarah securities.

    The total of the sukuk issuance was BND100 million with the following details:

    Series Issuance Date Maturity Date Tenor Rental Rate
    165 10 January 2019 11 April 2019 91 days 1.5625%

    With this issuance, Brunei Darussalam has thus far issued over BND12.51 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 as on January 10, 2019 stood at BND347.5 million.

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