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Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 127th Series

Source : AMBD News
18 Feb, 2016
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Bandar Seri Begawan, Brunei Darussalam (February 2016) - 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, is pleased to announce the successful pricing of its 127th issuance of short-term Sukuk Al-Ijarah securities. The total of the sukuk issuance was BND 100 million with the following details: Series: 127 Issuance Date: 18 February 2016 Maturity Date: 19 May 2016 Tenor: 91 days Rental Rate: 0.99% With this issuance, the Brunei Government has thus far issued over BND 9.455 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6th April 2006, and the total holdings of the Brunei Government Sukuk outstanding until 18th February 2016 stood at BND 625 million.

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