ASEAN+3 Bond Market Guide 2017: Brunei Darussalam Paperback / softback
Part of the ASEAN+3 Bond Market Guide series
This report is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Brunei Darussalam.
The country's domestic capital market has considerable growth potential. Since 2006, the government has maintained a continuous program of sukuk (Islamic bond) issuance with progressively longer maturities.
The objective of the current program is to both develop Brunei Darussalam's yield curve as a benchmark for corporate sukuk and provide a safe and liquid investment instrument for domestic financial institutions. Brunei Darussalam has been a pioneer in issuing short-term sukuk with maturities of 1 year or less.
Through June 2017, a total of 146 government sukuk using the principle of al-ijarah (issuance based on underlying assets) had been issued, bringing the cumulative amount issued to BND10.97 billion, with an outstanding amount of BND393.2 million as of 30 June 2017.
- Format: Paperback / softback
- Pages: 52 pages
- Publisher: Asian Development Bank
- Publication Date: 30/10/2017
- Category: Regional studies
- ISBN: 9789292578855