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

Petronas Gas planning Malaysia’s biggest sukuk offering this year

Posted on 03 April 2013

Petronas Gas Bhd is planning Malaysia’s biggest sukuk offering this year, at a time when top-rated corporate bond yields are at a nine-month high. The unit Petroliam Nasional Bhd (Petronas) invited pitches from banks to arrange as much as RM5bil of Islamic debt, three people with knowledge of the matter said on March 28, asking not to be named as the details are private.
The yield on Malaysia’s three-year AAA-rated notes climbed three basis points in 2013 to 3.56%, the highest since June 29, a central bank index shows………………………………………..Full Article: Source

 
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