Finance issues $101m worth of sukuk
Thursday, November 12, 2009
THE Ministry of Finance is pleased to announce the successful pricing of its 37th, 38th and 39th issuances of short-term Sukuk Al-Ijarah securities.
The accumulated total of these sukuk issuances was $101 million $38 million for Series 37, $33 million for Series 38 and $30 million for Series 39.
Series 37 carries a maturity of 91 days with a rental rate of 0.35 per cent. It began on September 17, 2009 and will mature on December 17, 2009.
Series 38 also has a maturity of 91 days, which began on October 8, 2009 and will mature on January 7, 2010 with a rental rate of 0.36 per cent. Series 39 has a maturity of 91 days, which began on October 22, 2009 and will mature on January 21, 2010 with a rental rate of 0.38 per cent.
With this issuance, the Brunei Government has thus far issued over $1.9 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006. The Brunei Times
The accumulated total of these sukuk issuances was $101 million $38 million for Series 37, $33 million for Series 38 and $30 million for Series 39.
Series 37 carries a maturity of 91 days with a rental rate of 0.35 per cent. It began on September 17, 2009 and will mature on December 17, 2009.
Series 38 also has a maturity of 91 days, which began on October 8, 2009 and will mature on January 7, 2010 with a rental rate of 0.36 per cent. Series 39 has a maturity of 91 days, which began on October 22, 2009 and will mature on January 21, 2010 with a rental rate of 0.38 per cent.
With this issuance, the Brunei Government has thus far issued over $1.9 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006. The Brunei Times
Print this article
Email this article
Facebook
Twitter
Poll
Are you satisfied with Forestry department’s effort for conservation of Brunei Forests?
e-Paper
