Saturday, June 22, 2024
25.1 C
Brunei Town

Successful issuances of Sukuk Al-Ijarah Securities

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-Ijarah issuances, announced the pricing of its 206th issuance of 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
206 May 12, 2022 August 11, 2022 91 days 1.0000%

With this issuance, the Brunei Government has thus far issued over BND15.42 billion worth of Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006, and the total holding of the Brunei Government Sukuk outstanding as at May 12, 2022 stood at BND280 million.