21.12.2011 - Indonesian Sukuk may outperform Malaysia's
Indonesia's elevation to investment grade may propel the country's sukuk to outperform Malaysian bonds in 2012 after trailing the debt this year. Fitch Ratings, which raised Indonesia to BBB- last week, rates Malaysia three levels higher at A-. Yields on Indonesia's 8.8 per cent dollar-denominated Islamic securities due April 2014 were at 3.30 per cent, compared with 2.62 per cent for Malaysia's 3.928 per cent global syariah-compliant notes due in 2015, according to prices from Royal Bank of Scotland Group plc...............................................Full Article: Source
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