06.08.2012 - Malaysia: Sukuk sales seen surpassing last year's
Malaysia’s top sukuk arrangers are predicting domestic sales in 2012 will surpass last year’s all- time high as record-low borrowing costs and the government’s US$444 billion spending program drive issuance. Offerings of ringgit notes reached RM30.8 billion (US$9.8 billion) this year, compared with RM75.6 billion in 2011. CIMB Islamic Bank Bhd, the second-biggest debt manager in the past seven months, has RM15 billion of deals in the pipeline, according to Chief Executive Officer Badlisyah Abdul Ghani...............................................Full Article: Source
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