THE International Bank for Reconstruction and Development (IBRD), commonly known as the World Bank, has launched its first ringgit-denominated bond in Malaysia.
Speaking at the launch of the RM760mil IBRD Wawasan Bonds in Kuala Lumpur yesterday, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the decision by the World Bank to launch its bond in Malaysia was reflective of its confidence in the Malaysian capital market. CIMB Bhd and ABN Amro Holdings NV are joint lead managers for the Wawasan Bonds, which mature in 2010.
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