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Successful Issuance of BDCB Islamic Bills 43rd Series

Source : BDCB

30 Sep, 2021

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Bandar Seri Begawan, Brunei Darussalam (September 2021) - The Brunei Darussalam Central Bank (BDCB), is pleased to announce the successful pricing of its 43rd issuance of BDCB I-Bills. The total of the sukuk issuance was BND37 million with the following details: Series: 043 Issuance Date: 30 September 2021 Maturity Date: 14 October 2021 Tenor: 14 Days Rate: 0.1100% With this issuance, BDCB thus far issued BND1,072 million worth of short-term BDCB I-Bills since the maiden offering on 22nd October 2020, and the total holdings of the BDCB I-Bills outstanding as at 30th September 2021 stood at BND79 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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