From Bloomberg: Yields on Malaysia’s sovereign Islamic bonds are trading at the narrowest premium to Treasuries since they were sold, giving investors incentives to buy higher- returning sukuk after Dubai World’s debt restructuring agreement.
Malaysia’s 3.928 per cent dollar-denominated Islamic notes due June 2015 fell 0.1 per cent this month, according to prices from the Royal Bank of Scotland Group Plc. The debt yields 142 basis points more than Treasuries and has averaged 153 basis points over the past three months……………………………………….Full Article: Source