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Malaysia: EPF may have to buy more Islamic bonds

Posted on 05 January 2010

From Thestar.com.my: The Employees Provident Fund (EPF) will be forced to buy more Islamic bonds this year as the Government cuts conventional note sales to the state-run pension manager, according to Royal Bank of Scotland Group Plc (RBS).

Malaysia planned to lower total sovereign sales to RM40.5bil in 2010 from RM52bil while maintaining the same number of Islamic bonds sales as in 2009, it said Dec 21………………………………….Full Article: Source

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