KUALA LUMPUR: Retail investors will have direct access to invest in bonds and sukuk with the launch of the retail bonds and sukuk framework by the Securities Commission.
The SC said on Friday in the introductory phase, retail investors can invest in bonds and sukuk issued or guaranteed by the government. Issuances by these issuers will be subject to their own funding needs and requirements. "In the next phase, retail investors' access to bonds and sukuk will be expanded to include among others, issuances by public listed companies and banks licensed under the Banking and Financial Institutions Act 1989 or Islamic Banking Act 1983. The issuance of the relevant regulations and guidelines for this is targeted for January 2013," the SC said.
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