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

Malaysia: Exim Bank plans non-ringgit sukuk this year

Posted on 10 May 2013

Export-Import Bank of Malaysia Bhd (Exim Bank) plans to sell non-ringgit denominated Islamic bonds, or sukuk, in global markets this year to help fund future growth, its managing director Datuk Adissadikin Ali said. He, however, declined to say how much will be issued, except that it will be “significant”.
“We plan to issue the sukuk this year as the timing is right,” he told pressmen after a collaboration signing ceremony between Exim Bank and Indonesia’s PT Senagan Energi. The sale would be Exim Bank’s second foray into the international debt arena after the US$1.5 billion (RM4.5billion) multicurrency medium term note programme (MTN) issued last year…………………………………….Full Article: Source

 
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