KUALA LUMPUR: Bank Negara believes the time is right for the Malaysian Government to issue an Emas bond after Petroliam Nasional Bhd (Petronas) raised US$4.5bil through a combination of conventional bonds and sukuk that have attracted significant foreign interest.
The Emas bonds issued by Petronas attracted the largest order book for an Asian transaction at over US$19bil and the national oil company said it would assess future market conditions before raising more money through another Emas bond issue.
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