The Autoriti Monetari Brunei Darussalam (AMBD) has issued a total of $5 million sukuk (Islamic bonds) at a rental rate of 0.1875 per cent.

The agent to the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances in a statement recently said that the 195th issuance of sukuk was made on 17 June 2021 and will mature on 13 June 2024 based on a 1092-day or three years tenor.

With the issuance, the Brunei government has thus far distributed over $14.55 billion worth of Sukuk Al-Ijarah securities since the maiden offering on 6 April 2006.

The total holdings of the Brunei Government sukuk outstanding as of 17 June 2021 stood at $280 million. – Analisa Amu

THE BRUNEIAN | BANDAR SERI BEGAWAN

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