KUALA LUMPUR: Franklin Templeton Investments and ECM Libra Financial Group Bhd said they favour Malaysian corporate sukuk, which has outperformed, as the Federal Reserve considers ending stimulus.
The yield on sovereign wealth fund Khazanah Nasional Bhd’s 2022 ringgit-denominated sukuk has climbed 25 basis points since May 22, when chairman Ben S Bernanke first signaled a possible halt to the Fed’s debt purchases.
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