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Ringgit-denominated bonds to reach RM100bln year-end: AIFM

Posted on 20 September 2012

AmIslamic Funds Management Sdn Bhd (AIFM) expects ringgit-denominated bonds to hit between RM90bil and RM100bil by year-end, with 60% of the bonds coming from Islamic bond (sukuk) issuances.
“We anticipate the bulk of the issuance is for projects under the Economic Transformation Programme,” said Sukuk and Alternative Investment Executive Director, Mohd Farid Kamarudin. Currently, ringgit-denominated bonds stood at about RM65 billion to RM70 billion, he said………………………………………..Full Article: Source

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