BDCB issues $70 million sukuk at 1.68 per cent

The Brunei Darussalam Central Bank (BDCB) has issued a total of $70 million sukuk (Islamic bonds) at a rental rate of 1.6875 per cent.

The country’s central bank in a statement recently said that the 208th issuance of sukuk was made on 21 July 2022 and will mature on 20 October 2022 based on a 91-day or three months tenor.

With the issuance, the Brunei government has thus far distributed over $15.49 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on 6 April 2006.

The total holdings of the Brunei Government sukuk outstanding as of 21 July 2022 stood at $275 million.

BDCB is 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.


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