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Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 176th Series

Source : AMBD
05 Dec, 2019
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Bandar Seri Begawan, Brunei Darussalam (December 2019) - 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 176th issuance of short-term Sukuk Al-Ijarah securities. The total of the sukuk issuance was BND 26 million with the following details: Series: 176 Issuance date: 5 December 2019 Maturity date: 3 December 2020 Tenor: 364 days Rental rate: 1.1250% With this issuance, the Brunei Government has thus far issued over BND13.34 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 as at 5th December 2019 stood at BND 334.6 million.

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