Bandar Seri Begawan - Autoriti Monetari Brunei Darussalam, agent to the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam in managing and administering Sukuk Al-Ijarah issuances, announced the successful pricing of its 76th issuance of short-term Sukuk Al-Ijarah securities.
According to a press release, the total Sukuk issuance was B$100 million. It was issued on July 12 and matures on October 11, 2012. The Sukuk has a tenor of 91 days and the rental rate is 0.18 per cent.
With this issuance, the Brunei Government has thus far issued over B$4.451 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006.
--Courtesy of Borneo Bulletin