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Successful Issuances of Brunei Darussalam Government Short-Term Sukuk Al-Ijarah Securities 103rd & 104th Series

Source : AMBD News
17 Apr, 2014
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Bandar Seri Begawan, Brunei Darussalam (April 2014) - 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 103rd and 104th  issuance of short-term Sukuk Al-Ijarah securities. The total of the sukuk issuance was B$200 million with following details: Series: 103 Issuance Date: 20 March 2014 Maturity Date: 18 December 2014 Tenor: 273 days Rental Rate: 0.20% Series: 104 Issuance Date: 17 April 2014 Maturity Date: 17 July 2014 Tenor: 91 days Rental Rate: 0.16% With this issuance, the Brunei Government has thus issued over B$7.23 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 until 17th April 2014 stood at BND 800 million.

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