Distribution and Trading Platforms

The instruments are first sold to primary dealers through a book-building process, but the Government has said that an auction process shall be adopted for future issuances.

In 2002, the Ministry of Finance (MOF), through the Brunei International Financial Center, granted a license to the International Brunei Exchange Ltd. (IBX) to operate the country's first Securities Exchange. Initially accessible to non-residents, IBX was designed to provide a trading facility for international dealers to trade in conventional equities and derivatives products, including shari’a-compliant financial instruments.