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Malaysia’s Axiata prices world’s biggest yuan Islamic bond

Posted on 13 September 2012

Malaysia’s leading mobile phone operator Axiata Group Bhd said it has priced the world’s largest China currency denominated Islamic bond, or sukuk, of 1 billion yuan ($157.85 million) at 3.75 percent due to strong demand.
Axiata’s yuan Islamic bond is the second of its kind after Malaysia’s state investor Khazanah Nasional Bhd offered 500 million yuan of sukuk last year………………………………………..Full Article: Source

 
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