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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Malaysia confirms dollar Islamic bond sale

Posted on 23 June 2011

The Malaysian government aims to sell US$2 billion of dollar-denominated Islamic bonds, Tengku Sariffuddin Tengku Ahmad, the prime minister’s press secretary said in a telephone interview.
The bonds will be sold in a mix of five- and 10-year maturities through a Wakalah structure with the size of each portion will depend on demand, Tengku Sariffuddin said. HSBC Amanah Malaysia Bhd, Citigroup Inc, CIMB Investment Bank Bhd and Maybank Investment Bank Bhd were hired to manage the offering, he said……………………………………….Full Article: Source

 
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