Highest Malaysia sukuk orders signal rebound


KUALA LUMPUR: The strongest demand at a Malaysian Islamic bond sale in 17 months signals investors are returning to the world’s biggest sukuk market.

Borrowing costs on the government’s five-year local currency debt fell five basis points this month to 3.67% after reaching 3.72% on July 31, the highest level since May 2010, a central bank index shows.

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Business , sukuk , borrowing costs

   

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