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

Pengurusan Aset said to sell RM2.b sukuk

Posted on 27 October 2009

From Btimes.com.my: Pengurusan Aset Air Bhd, the Malaysian government company in charge of reorganising the nation’s water industry, sold RM2.5 billion (US$739 million) of Islamic bonds, a person with knowledge of the matter said.

The sale, part of the company’s RM20 billion Islamic medium-term notes program, included RM1.35 billion of one-year notes which priced to yield 2.7 per cent, RM500 million of five-year notes at 4.4 per cent, and RM650 million of 10-year notes yielding 5.05 per cent, the person said, without wanting to be identified before a public announcement…………………….Full Article: Source

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