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Successful Issuance of AMBD Islamic Bills 23rd Series

Source : AMBD

15 Apr, 2021

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Bandar Seri Begawan, Brunei Darussalam (April 2021) - The Autoriti Monetari Brunei Darussalam (AMBD), is pleased to announce the successful pricing of its 23rd issuance of AMBD I-Bills. The total of the sukuk issuance was BND20 million with the following details: Series: 023 Issuance Date: 15 April 2021 Maturity Date: 29 April 2021 Tenor: 14 Days Rate: 0.1100% With this issuance, AMBD thus far issued BND572 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 15th April 2021 stood at BND20 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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