Brunei Issues Short-term Sukuk Ijarah worth BND 96 Million

The Monetary Authority of Brunei Darussalam (AMBD) in managing and administering Sukuk Al-Ijarah issuances on behalf of the government of His Majesty the Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah Ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam, has announced the issuance of 180 series Sukuk Al-Ijarah securities.

The Sukuk which carries a maturity period of 91 days is set to begin on the 9th of April 2020 and will mature on the 9th of July 2020.

The expected return on the short-term Sukuk issuance is 0.8125%, lower than the 1.0625% offered on the previous issuance in March 2020. The Marc...