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Malaysia: Surging ringgit drives record Sukuk bids

Posted on 29 November 2010

From Bloomberg: Malaysia’s Islamic bond auctions drew record bids this year as issuance fell and the strongest currency rally since 1973 drove fund inflows.

The finance ministry will offer 3 billion ringgit ($950 million) of 10-year Shariah-compliant bonds on Nov. 29 to complete its local-debt sale program…………………………………….Full Article: Source

 
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