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

DanaInfra’s RM2.4b sukuk oversubscribed 5.38 times

Posted on 12 July 2012

DanaInfra Nasional Bhd, a wholly-owned company of Minister of Finance, Inc, says its RM2.4bil sukuk has been oversubscribed 5.38 times with highly competitive rates. The sukuk was issued to part finance the construction and development of the Mass Rapid Transit project.
The RM2.4bil Islamic medium-term notes (MTN), which formed part of the RM8.0bil Islamic commercial papers/Islamic MTN programme, had attracted demand of up to RM12.915bil, DanaInfra said in a statement………………………………………..Full Article: Source

 
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