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Successful Issuance of BDCB Islamic Bills 101st Series

Source : BDCB

01 Dec, 2022

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Bandar Seri Begawan, Brunei Darussalam (December 2022) – Brunei Darussalam Central Bank (BDCB) is pleased to announce the successful pricing of its 101st issuance of BDCB I-Bills. The total of the sukuk issuance was BND17 million with the following details: Series: 101 Issuance Date: 01 December 2022 Maturity Date: 15 December 2022 Tenor: 14 Days Rate: 1.9800% With this issuance, BDCB thus far has issued BND2.674 billion worth of short-term BDCB I-Bills since the maiden offering on 22 October 2020, and the total holdings of the BDCB I-Bills outstanding as at 1 December 2022 stood at BND22 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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