| Malaysia’s cost to borrow in the world’s largest Islamic bond market is at a 10-week low as the ringgit’s rally lures record investment by global funds. The yield on the 3.941 per cent government note due June 2017 fell eight basis points this year to 3.77 per cent, its lowest level since Jan. 11, according to data compiled by Bloomberg.
The Bloomberg-AIBIM-Bursa Malaysia Sovereign Shariah Index, which tracks nine of the most-traded ringgit-denominated debt, climbed 0.3 percent this month to 101.7960 yesterday, the highest level since it started in September...........................................Full Article: Source
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