The Government of Malaysia’s five-year and 10-year Wakala Global Sukuk worth US$2 billion in total has been oversubscribed by 4.5 times, thanks largely to strong investor demand from the Middle East, Malaysia, Asia, Europe and the US.
Announcing details of the successful offering, the Ministry of Finance (MOF) said the Islamic bond issuance attracted interest in excess of over US$9 billion and was fully distributed to over 320 global investors……………………………………….Full Article: Source