| Loss-making Malaysia Airlines (MAS) will be the first company in Malaysia to establish an Islamic perpetual bond totalling RM2.5 billion for its operations even as concern rises in the region over the growing demand of the higher risk bonds.
This comes after reports that the Monetary Authority of Singapore is increasingly concerned over the unprecedented demand for perpetual bonds, also known as perps, which typically entice investors with higher coupon rates in exchange for accepting a higher level of risk as there is a possibility their capital may not be repaid, hence the term perpetual...............................................Full Article: Source
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