The Autoriti Monetari Brunei Darussalam (AMBD) has issued a total of $50 million sukuk (Islamic bonds) at a rental rate of 0.2500 per cent.
The country’s central bank in a statement recently said that the 185th issuance of sukuk was made on September 3 and will mature on September 2, 2021 based on a 364-day tenor.
With the issuance, the Brunei government has thus far distributed over $14.02 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006.
The total holdings of the Brunei Government sukuk outstanding as of September 3 stood at $373.5 million. – Analisa Amu
The Bruneian | BANDAR SERI BEGAWAN