With the consent of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam, the Ministry of Finance has announced the successful pricing of its 18th issuance of short-term Sukuk Al-Ijarah securities. In a press release, the Ministry of Finance said, "The $45 million issue carrying a maturity of 91 days begins September 11, 2008 and matures on December 11, 2008, at a rental rate of 1.00 per cent. "With this issuance, the Brunei Government has thus far issued $1.2 billion worth of short-term Sukuk Al-Ijarah securities since the maiden offering on April 6, 2006," the press release said.
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