In a filing with Bursa Malaysia, the bank said the Senior Sukuk Murabahah, rated AA2 (Stable) by RAM Rating Services Bhd, were issued for a tenure of five years with a fixed profit rate of 2.85% per annum, payable semi-annually in arrears.
KUALA LUMPUR: RHB Bank has completed its first issuance of Senior Sukuk Murabahah worth RM300mil in nominal value under the sukuk murabahah programme.
In a filing with Bursa Malaysia, the bank said the Senior Sukuk Murabahah, rated AA2 (Stable) by RAM Rating Services Bhd, were issued for a tenure of five years with a fixed profit rate of 2.85% per annum, payable semi-annually in arrears.
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