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

Malaysia: Sukuk sales seen surpassing last year’s

Posted on 06 August 2012

Malaysia’s top sukuk arrangers are predicting domestic sales in 2012 will surpass last year’s all- time high as record-low borrowing costs and the government’s US$444 billion spending program drive issuance.
Offerings of ringgit notes reached RM30.8 billion (US$9.8 billion) this year, compared with RM75.6 billion in 2011. CIMB Islamic Bank Bhd, the second-biggest debt manager in the past seven months, has RM15 billion of deals in the pipeline, according to Chief Executive Officer Badlisyah Abdul Ghani………………………………………..Full Article: Source

 
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