KUALA LUMPUR: The company financing the extension of subway under the country’s RM1.8bil development programme rescued Islamic bond sales from what would have been the worst month since February 2015.
Without Danainfra Nasional Bhd
’s RM4.5bil offering in May, corporate issuance from the world’s largest sukuk market would have been just RM1.1bil, data compiled by Bloomberg show. The syariah-compliant sale is Malaysia’s biggest by a local company so far in 2016.
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