Government of Brunei Darussalam Successfully Issues BND 10 Million Sukuk Al-Ijarah

The Monetary Authority of Brunei Darussalam (Autoriti Monetari Brunei Darussalam; AMBD), which manages and administers the Government of Brunei Darussalam’s Sukuk Al-Ijarah issuances, has successfully announced the pricing of its 188th issuance of short-term Sukuk Al-Ijarah securities amounting to BND 10 million, according to a recent statement.

The 188th Sukuk issuance was made on the 3rd of December 2020 and is set to mature on the 2nd of December 2021 with a 364-day tenure, at a rental rate of 0.0625%, according to the AMBD statement.

With the latest issuance, the Government has distributed over BND 14.23 billion worth of short-term Sukuk Al-Ijarah securities since its maiden offering on the 6th of April 2006. As at the 3rd of December 2020, the outstanding Sukuk of...