13.06.2012 - Malaysian investors eye first taste of Kazakh risk
Development Bank of Kazakhstan is bidding to become the first issuer from mostly Muslim Kazakhstan to sell bonds in Malaysia, the world’s leading market for Islamic debt. State-owned DBK is meeting investors in Kuala Lumpur ahead of a potential sale of sukuk, or Islamic bonds. The move comes after years of speculation about a potential sovereign-linked Kazakh issue in the ringgit market, and also underlines Malaysia’s growing appeal as an alternative international funding market...............................................Full Article: Source
Print