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Successful Issuance of AMBD Islamic Bills 1st Series

Source : AMBD

22 Oct, 2020

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Bandar Seri Begawan, Brunei Darussalam (October 2020) – Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 1st issuance of AMBD I-Bills. The total of the sukuk issuance was BND 50 million with the following details: Series: 001 Issuance date: 22 October 2020 Maturity date: 5 November 2020 Tenor: 14 days Rental rate: 0.1000% With this issuance, AMBD I-Bills thus far issued BND 50 million worth of short-term AMBD I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the AMBD I-Bills outstanding as at 22nd October 2020 stood at BND 50 million.

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One component of Brunei Darussalam's financial ecosystem that has scope for enhancement is the development of Brunei Darussalam as a prominent hub for Islamic finance. In this regard, the website aims to provide access to information, analysis and insights into the Islamic finance industry and other unique Islamic economy opportunities across different sectors in Brunei. The website will help increase awareness and contribute to the growth and development of the Islamic finance industry in Brunei.

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